TFSA
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Size of TFSA contribution limit rises for 2nd year in a rowThe contribution limit for tax-free savings account has been raised by $7,000 for the upcoming year, the second largest jump on record.Money4 hours
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First home savings account: Here’s how you can use it alongside your TFSA, RRSPThe 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.MoneyApr 22
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One in three Canadians in ‘bad’ or ‘terrible’ financial shape, poll findsThirteen 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.EconomyApr 10
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Saving for a down payment? Here’s a look at the accounts that can help youThe number of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages - and limits.MoneyApr 21, 2022
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Frequently trading stocks in your TFSA? The CRA may have questionsMany young Canadians have started investing during the pandemic, often opening self-directed TFSAs. But too much trading inside a TFSA could trigger tax consequences.MoneyNov 23, 2021
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COVID-19 pandemic has made Canadian millennials ‘conscious’ moneywise: expertsPeople 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.ConsumerMar 20, 2021
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Focus Montreal: March 2, 2020This 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.FeaturesMar 2, 2020
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What’s a TFSA for? It can help your kids be student-debt freeWhile an RESP should be the first go-to for education savings, a TFSA is a good place to put any extra money.MoneyJan 18, 2020
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‘Oh, you’ve had bad investments’ — when the magic of the TFSA works against youTFSAs are wonderful for growing your savings but can also amplify the impact of bad investment decisions.MoneyOct 26, 2019
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Here’s what happens if you die with too much money left in your RRSPSaving for retirement is important — but so is knowing how much to withdraw when you finally get there.MoneyMay 18, 2019
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