​Reach your goals faster with a TFSA.

The Tax-Free Savings Account (TFSA) allows tax-payers to set money aside in eligible investment vehicles and watch those savings grow tax-free throughout their lifetime.There are no restrictions on the way TFSA funds (contributions and earnings) may be used. All income levels and all walks of life can benefit from having a TFSA, and we can help you optimize it!

Eligibility

Any individual who meets all of the following three requirements is eligible to open a TFSA:

  • Canadian Resident
  • 18 years of age or older 
  • Holds a valid Social Insurance Number (SIN)

There is no maximum age limit to open or hold a TFSA and a person may hold more than one TFSA.

Important Facts

Contributions to your TFSA may only be made by you, the holder, and the amount is not tied to your income sources or levels.

  • The maximum contribution limit may increase to recognize inflation.
  • Investment income earned from your TFSA is tax-free.
  • Unused TFSA contribution room is carried forward and accumulates in future years.
  • You can choose from many investment options to capatilize on the tax benefits.


  • Full withdrawal amounts may be re-deposited into the TFSA in future years. However, a penalty tax could apply if re-contributing in the same calendar year and it results in an over contribution amount.
  • Contributions are not tax deductible.
  • Withdrawals from your TFSA are tax-free.

It is also important to note that any unused contribution room will accumulate each year and any unused room is carried forward indefinitely allowing you to catch up in a future year!

​Please feel free to touch base with us for any further questions or strategies to optimize your own TFSA.

​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

​Learn more about your TFSA contribution room

​​All TFSA contributions made during the year, including the replacement or re-contribution of withdrawals made from a TFSA, will count against your contribution room.

TFSA basics

​​A breakdown of all the features and rules.

TFSA withdrawals - top things to know

​​What happens when you want to withdraw all that money you’ve been saving?