What is the tax rate when I withdraw some of my RRSP money? I know there is an amount taken off right away but what is the rate payable at tax time?

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Is it better to take investments out and pay as much off as possible (100% in this case), or is it still worth taking a mortgage as the interests rates are still so low? is it worth taking money out of my rrsp? thanks!

While I frankly love 100% down payments, you have to consider a number of factors and I would not rob retirement accounts. The mortgage tax deduction is al illusion for many people because the standard deductions for quite a few are greater than if they itemize. While it sounds good to borrow at 6% and invest earning more when the tax bit is removed the actually interest rate of return needed to make this pay is too high and while stocks have returned such in recent years this is unlikely to return in your lifetime. Remember than every year of a mortgage paid off is absolutely saved interest or earned interest if you will and it is completely tax deferred and may be tax free with exemptions on home sales. In the end i would lean heavily to paying off a mortgage over investments that may or may not pan out plus there is no volatility in the amount saved each year and at worst delayed tax burdens.