New Canadian investors face a key choice between a Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account ...

Key Takeaways TFSAs allow Canadians to earn investment income tax-free, which can significantly accelerate long-term growth. The cumulative contribution room ...

The new year brings fresh chances for Canadians to grow savings, and the 2026 TFSA announcement highlights that potential.

Jordan Lavin is a Former Staff Writer at Forbes Advisor Canada. He is a personal finance expert, marketing professional, content creator, and writer with an extensive history of working with leading ...

Thinking about an RRSP? Discover how investing can lead to significant tax savings and impact your retirement planning.

Rama Nutakki is in her 50s and works as a self-employed chartered accountant in the Toronto area. She has grown her own and her father’s tax-free savings accounts to a combined value of $930,000.

When the calendar turns to January, Canadians unlock an additional $7,000 to invest in their Tax-Free Savings Accounts (TFSAs). For investors, choosing the right allocation for this contribution can ...

Unlock the power of a TFSA to build your financial future. Learn how to maximize your savings without tax implications. The ...

The average TFSA balance for Canadians between the age of 55–59 is roughly $33,200, which is pretty low. The post Here’s the ...

“I made a joke online saying the FHSA should really be called the home savings account for people who haven’t had a home in the present or last four years,” he said. While just under a million ...

You have to see where you can pay as little tax as possible though donation exemption, retirement annuity contributions and tax-free savings.