TAX FREE SAVINGS (TFSAs)

  • INVEST
  • Tax-Free Savings (TFSA)

TAX FREE GROWTH

Any investment income you earn inside a TFSA is tax free and stays that way even when it’s withdrawn.

WITHDRAW ANYTIME

There are no restrictions on when you can withdraw TFSA funds, so you can take money out whenever you need.  

INVEST YOUR WAY

You can hold many kinds of investments in your TFSA, from mutual funds to GICs, building a portfolio personalized to you.

YOURS FOR LIFE

Unlike your RRSP, you don’t have to close your TFSA at a certain age. You can keep saving tax-free forever.

TIRED OF PAYING TAX ON INVESTMENT GROWTH?

Investing in a Tax-Free Savings Account (TFSA) ensures you don’t have to. You can contribute up to $6,000 a year (as of 2019) and watch it grow faster, because you’re not paying pesky taxes on the interest earned.

And if you don’t use all your contribution room? Don’t worry, it carries forward to the next year!

WHAT KIND OF INVESTMENTS CAN MY TFSA HOLD?

  • Term deposits and GICs
  • Variable interest savings accounts
  • Credit union shares
  • Index-linked term deposits
  • Mutual funds*
  • Publicly traded securities*
  • Bonds*

READY TO START SAVING TAX FREE?

Let’s get going! Our experts will be happy to answer any questions and help you get set up.

WEALTH MANAGEMENT

Financial planning shouldn’t be cookie-cutter. We help you create a tailored plan that matches your goals.

TFSA CALCULATOR

Try our TFSA calculator to work out what your payment plan could look like. 

OUR LATEST & GREATEST RATE

Designed to meet your everyday needs.

TFS-EH!

Want to learn how to save your money tax-free? Pull up a Muskoka chair as we explain the ins and outs of Tax Free Savings Accounts.

FLEXIBLE TO FIT YOU

Not sure if you’ll need the funds? We have options that allow you to redeem before your GIC term ends.

IT PAYS TO PLAN FOR YOUR CHILD’S FUTURE

A post-secondary education is perhaps the greatest gift you can give a child. Plan ahead with a Registered Education Savings Plan (RESP).

RRSP VS TFSA

We're here to show you the ropes and help you decide which is best for you and your circumstances.