Canadian Capitalist

A Canadian Personal Finance Weblog

Entries Tagged as 'TFSA'

Media Articles on TFSA

March 6th, 2008 · 18 Comments

Here’s a list of columns and reaction to the introduction of the Tax-Free Savings Account:

TFSA plan tipped to benefit young and low-income earners - Jon Chevreau in the Financial Post.
TFSA will shake up investment industry - Jon Chevreau in the Financial Post.
Jon Chevreau also wrote a couple of blog posts on the Wealthy Boomer Blog [...]

[Read more →]

Tags: TFSA

TFSA versus RESP

February 28th, 2008 · 25 Comments

Where does the introduction of TFSA to our savings options leave the RESP? Contributions to both TFSA and RESP are made with after-tax dollars and both offer the benefit of tax-deferred growth. RESPs have the advantage of attracting the CES Grant of at least 20% but the grant and all the growth within the RESP [...]

[Read more →]

Tags: RESP · TFSA

RRSP versus TFSA versus Mortgage Paydown

February 27th, 2008 · 26 Comments

Mike from Four Pillars mentioned in a comment that the TFSA offers us a new horse to beat to death because we can now endlessly argue over whether a RRSP is better than a TFSA or does it make more sense to pay down the mortgage instead. In that spirit, let’s first consider the easier [...]

[Read more →]

Tags: Mortgage · RRSP · TFSA

Tax-Free Savings Account (TFSA)

February 26th, 2008 · 63 Comments

The government brochure announcing the introduction of the TFSA calls it “the single most important personal savings vehicle since the introduction of the Registered Retirement Savings Plan (RRSP)”. Unlike the usual hyperbole, the government is probably understating the importance that TFSAs are likely to play in the savings plans of all Canadians.
The TFSA is the [...]

[Read more →]

Tags: Investing · TFSA