Tax-free savings account info
The Canada Revenue Agency has published a calculator and brochure relating to tax-free savings accounts (TFSAs), which were announced in the 2008 federal budget.Starting in 2009, Canadians aged 18 and older can save up to $5,000 every year in a TFSA.The CRA's brochure provides general information, while the calculator allows you to estimate potential savings.
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