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Updates after the November Economic Statement.

It’s that time of year when hosting and gift-giving make wallets a little lighter. Ernst & Young offers some tips to help Canadians stock up on savings, just in time for the new year. Contribute to TSFA. Make your $5,000 TFSA contributions for 2012, and if you haven’t contributed before, contribute up to $20,000 before […]

  • By: Staff
  • January 1, 2013 August 21, 2018
  • 06:00

There’s a bigger issue behind the new OAS rules than rising life expectancy of Canadians.

The government’s recent decision to hike TFSA contribution room by $500 has sparked fresh debate on the relevance of the savings vehicle for debt-saddled Canadians.

Canadians will be able to save more in their TFSAs starting in 2013

  • By: Staff
  • November 26, 2012 September 4, 2018
  • 11:57

Are they the best gift parents can give children, or are there better options?

Almost half of Canadians have a TFSA, says a recent CIBC poll. But the problem is nearly half those holders have no plans for the money they save.

  • By: Staff
  • August 27, 2012 August 21, 2018
  • 11:58

The RRSP deadline has come and gone. And here are the results. Only four in ten Canadians made the RRSP contribution for 2011, according to BMO Annual Post-RRSP Deadline Study.

With a federal budget on the horizon, and the low likelihood of any goodies, I started thinking about the Conservative party’s campaign promise to eventually double TFSA contribution room.

The so-called “new normal” of ultra-low interest rates continues to lay waste to long-standing investment practices.

  • By: Staff
  • January 19, 2012 August 21, 2018
  • 05:00