Ready to use your RRSP savings - let's talk about a RRIF.

A Tax-Free Savings Account (TFSA) will help you save money for short and long-term goals. Because it’s tax-free, you pay no taxes on the interest or investment income earned.

The contribution room for 2022 is $6,000.

Enjoy the benefits of a TFSA

  • Grow your money – Because your TFSA is tax-free, your earnings will be tax sheltered.
  • No maximum age limit – Unlike the RRSP, you can contribute to your TFSA for as long as you’d like.
  • Use it for short and long-term goals – You don’t have to repay a TFSA withdrawal.
  • Carry over withdrawals – Any withdrawal you make adds extra contribution room the following year.
  • Carry over unused room – Couldn't contribute this year? Carry forward the unused room to future years.
  • It can hold a number of investments – Term deposits,  mutual funds, stocks and bonds included.
Ready to put the power of investing to work for you?

Need a hand?

Whether you're saving for retirement, a new car or a dream vacation, our experienced team will tailor their advice to help you maximize your savings to get there.

How much will I save?

Our TFSA Calculator will help you figure out how much you could save for your life goals when you invest in a Tax-Free Savings Account.

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