tax-free savings account

  • categories: Deposits

    When your TFSA and RRSP are maxed out and you’re looking to avoid penalties, try two trusty non-registered savings vehicles: high-interest savings accounts and guaranteed investment certificates (GICs). These savings tools don’t have any contribution limits or penalties. And they can help you keep your money safely saved while you wait for more contribution room to open up in your TFSA and RRSP on January 1st.

  • categories: Deposits

    Tax-Free Savings Accounts (TFSAs) are investing tools designed to shelter your savings from taxes. While its name implies that it is a savings account, TFSAs are accounts that keep your investments and the interest that they earn tax-exempt.

  • May
  • April
  • March
  • January
  • categories: Deposits

    We are once again proud to release our second annual Personal Finance Awards. This year’s edition looks at the best of bank accounts and guaranteed investment products of 2018. See who won the titles of the top chequing accounts, savings accounts and GICs in 2018.

  • November
  • categories: Deposits

    Saving for your child’s post-secondary education is one of the many financial pressures parents face. And when your child’s tuition will cost tens of thousands of dollars, you don’t want to give up a huge portion … Read More

  • June
  • categories: Deposits

    Baby boomers have been among Canada’s most efficient savers. They’ve taken solid advantage of RRSPs and corporate pension plans that require contributions from monthly paycheques. In some ways, it seems counterintuitive to look at savings opportunities … Read More