Skip to main content

Reach your goals faster with a TFSA.

​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 2019 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 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.
  • Unused contribution room can be carried to future years.
  • It can hold a number of investments – Term deposits, mutual funds and stocks 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.

​Helpful articles and resources

Create a winning budget

​​Keep your spending in line with these helpful budgeting tips.

RRSP or TFSA: What's right for me?

​We break down what you need to know about these savings options, and when to use them.

5 mistakes to avoid with your TFSA

​​Make the most of your TFSA by avoiding these pitfalls along the way.