RRSP eligible bonds
Government and corporate bonds are eligible for inclusion in RRSPs. Responsible bond investment involves exclusionary screens and/or best-in-class strategies.
Evaluating whether and how different bonds fare in terms of sustainability criteria is not something that is readily available free of charge. See the ‘Stock’ section above for information on companies which may also offer corporate bonds. See the ‘ETF’ section for Fixed Income or Bond ETFs.
Green bonds, the newest entrants to the bond market, are intended to finance projects with environmental benefits. At the current juncture, green bonds are defined relatively loosely, so it will be important to pay close attention to what exactly constitutes ‘green’. In Canada, green bonds are primarily available to institutional investors. They may become more readily available to individual investors in 2015, either individually or through Green Bond ETFs or mutual funds.