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Tax Free Savings


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Tax Free Savings Account: 10 things you need to know

Every so often, the government gives you a tax break. It doesn’t happen very often, so it’s all the more reason to take...

2012/02/09 07:15:00
Mark Seed in his Ottawa home.
Tax Free Savings Account power increasing

When Mark Seed opened his tax-free savings account in 2009, he figured he’d use it as a place to hold some short-term cash. And that...

2012/01/19 00:34:00
Ask relatives and friends for contributions to your child's RESP this year instead of gifts.
Three savings strategies for your TFSA

When the Tax-Free Savings Account was introduced in 2009, the banks promoted it as a high interest savings account.  Three years later...

2011/08/30 21:39:00
Confusion over the rules for Tax Free Savings Accounts mean some Canadians face penalties.
Roseman: 103,000 face tax-free account penalty

The Canada Revenue Agency has sent 103,000 letters to taxpayers who may have put too much money into a tax-free savings account (TFSA) in...

2011/04/13 22:03:00
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How to appeal a tax-free savings penalty

I'm a big fan of the tax-free savings account as an alternative to the registered retirement savings plan. Citing the work of economist...

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