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CRA to Canadians: 80% of You Are Making This HUGE TFSA Mistake

Author: External Author | Oct 07, 2020 | Categories: Accounts Payable , Bookkeeper Calgary , Bookkeeping Calgary , Bookkeeping Services , Financial Statements

If there’s one thing every Canadian should be doing, it’s using a Tax-Free Savings Account (TFSA). Since its creation in 2009, the Canadian government has increased the contribution room every year for Canadians to save and invest tax free. But according to the CRA, only about one in five Canadians is taking full advantage.

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Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: Amy Legate-Wolfe

Original Article Posted on: September 18, 2020

Link to Original Article: https://ca.finance.yahoo.com/news/cra-canadians-80-making-huge-164524498.html?guccounter=1