Tax-Free Savings Account (TFSA)
Save for any goal, from a new car to a new home, with the interest you earn completely tax free.
Why invest in a TFSA?
Save tax free
Interest and investment income earned in a TFSA isn’t taxed, accelerating your savings growth.
Withdraw anytime for anything
You can take money out for any goal at any time without penalty, and re-contribute it the following year.
Carry forward unused amounts
You can contribute an amount determined by CRA to your TFSA annually, with any unused amount rolling over to the next year.
Invest your way
Your TFSA can hold a variety of investments, including mutual funds, term deposits and even savings accounts.
Not sure if a TFSA is what you need?
We’ll be happy to help review your goals and see if a TFSA is the right solution to reach them.
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Try our TFSA calculator to see how tax-smart investing can help your savings grow faster.
Level up your financial know-how
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