TFSA

• Canadians are contributing less to TFSAs as monthly costs soar: survey

  The basic monthly living expenses for Canadians have increased nearly $400 year-over-year, according to a new survey by BMO of over 1,500 Canadians.

  Canada

  Jan 19
  
• Here are the tax changes that will affect your pocketbook in 2024

  While inflation has eaten away at Canadians' pocketbooks in recent years, the resulting changes to how marginal tax rates and other benefits are indexed might be a boon for filers.

  Money

  Jan 2
  
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• Size of TFSA contribution limit rises for 2nd year in a row

  The contribution limit for tax-free savings account has been raised by $7,000 for the upcoming year, the second largest jump on record.

  Money

  Nov 24, 2023
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• First home savings account: Here’s how you can use it alongside your TFSA, RRSP

  The FHSA has arrived. If you're saving up to buy a home and are not sure where the FHSA fits in with the TFSA and RRSP, here's what you need to know.

  Money

  Apr 22, 2023
• One in three Canadians in ‘bad’ or ‘terrible’ financial shape, poll finds

  Thirteen per cent of Canadians surveyed said they had recently borrowed money from friends or family in order to make ends meet, the Angus Reid Institute found.

  Economy

  Apr 10, 2023
• Saving for a down payment? Here’s a look at the accounts that can help you

  The number of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages - and limits.

  Money

  Apr 21, 2022
• Frequently trading stocks in your TFSA? The CRA may have questions

  Many young Canadians have started investing during the pandemic, often opening self-directed TFSAs. But too much trading inside a TFSA could trigger tax consequences.

  Money

  Nov 23, 2021
• COVID-19 pandemic has made Canadian millennials ‘conscious’ moneywise: experts

  People with outstanding loans seem "eager to pay them back," while people with "disposable income and savings want to grow their finances to ensure they have back-up.

  Consumer

  Mar 20, 2021
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• Focus Montreal: March 2, 2020

  This week on Focus Montreal, Global takes a look at what you need to know about RRSPs and TFSAs, the increase in apartment leases in Montreal and the Royalmount development in the Town of Mount Royal.

  Features

  Mar 2, 2020
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• What’s a TFSA for? It can help your kids be student-debt free

  While an RESP should be the first go-to for education savings, a TFSA is a good place to put any extra money.

  Money

  Jan 18, 2020