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 savings growth.

Withdraw anytime for anything

Take money out for any goal at any time without penalty and re-contribute it the following year.

Carry forward unused amounts

Contribute up to $7,000 to a TFSA annually, with any unused amount rolling over to the next year.

Investing Made Easy

A TFSA can hold a variety of investments, including Guaranteed Investment Certificates (GICs).

Getting started with a TFSA

Flexible options to match different goals

Variable Rate TFSA: A flexible savings option with access to funds anytime
One-Year Redeemable TFSA ($1000 min): Guaranteed interest, redeemable after 30 days
Fixed Rate TFSA ($1000 min): Locked-in rates 1 to 5 years, ideal for long-term growth
Pre-Authorized Deposits ($100 min): Automated contributions that can grow into a Fixed Rate TFSA

Set up a TFSA to fit any investment strategy

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