As of January 1st, adults in Canada can add another $7,000 in contribution space to their tax-free savings accounts (TFSAs).

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

TFSA investors should supplement their CPP payout with quality high-dividend stocks such as Alvopetro Energy in 2025. The ...

The Tax-Free Savings Account (TFSA) is a popular registered account in Canada due to its tax-sheltered status. Any returns ...

Today, $7,000 is not an ordinary figure and is significantly popular among Canadians. The amount matches the annual Tax-Free ...

The Canada Revenue Agency (CRA) collected $166m in Tax-Free Savings Account (TFSA) over-contribution penalties in 2024 — a ...

Maximize your savings with a TFSA! Learn about tax-free withdrawals and the rules to avoid taxation on your investments. The ...

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These stocks offer high yields and have increased dividends annually for decades. The post Retirees: 2 High-Yield Dividend ...

Financial professionals are calling on the Canada Revenue Agency (CRA) to make changes to its TFSA overcontribution reporting following problems with My Account, CRA’s online platform. TFSA ...

I am the editorial director, international, for Forbes Advisor. I have been writing about all aspects of household finance for over 30 years, aiming to provide information that will help readers make ...