According to Scotia Wealth Management, if your income and marginal income tax rate might be lower in 2026 than 2025 due to ...

When it comes to saving and investing in Canada, two highly popular registered account options are the Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). Both offer ...

As of January 1st, adults in Canada can add another $7,000 in contribution space to their tax-free savings accounts (TFSAs).

When it comes to year-end tax planning, procrastination can cost you money. A friend of mine is the consummate procrastinator ...

If you are 18 or older, you got $7,000 worth of TFSA contribution room on January 1 of this year. If you turn 18 later in the year, you will get the contribution room on your birthday, when you become ...

A conservative investor, her only other savings are $150,000 in a registered retirement savings plan (RRSP) invested in ...

Buridan’s Mule is an illustration of the challenge that free choice poses. A mule is stationed at an equal distance from both ...

Starting your retirement savings late can feel overwhelming, but it’s never too late to take control of your financial future. One effective way to catch up is by using a Tax-Free Savings Account ...

Thousands of Canadians are facing steep penalties as the Canada Revenue Agency (CRA) intensifies its pursuit of tax-free savings account (TFSA) overcontributions, with $166.2m in penalty taxes ...

Overcontributions to tax-free savings accounts (TFSA) continue to be a big problem for thousands of Canadians, as well as a ...

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