Hardly a week goes by when I don’t see another survey or poll of financial consumers showing that a tremendous amount of confusion still exists about the rules on TFSAs, or Tax Free Savings Accounts.
This confusion is causing some people to miss out on an opportunity, while others are paying stiff penalties to CRA for [...]

A recent study has proven empirically what you likely know from common sense – young people learn financial skills from their parents, more than any other source.  Good role models create good financial stewards in the next generation.
However, new to me in this survey was the clear indication that parents who share the family’s financial [...]

If you have been very successful over the years with your RRSP investments, you may have built up substantial amounts in those registered accounts.
That’s obviously much better than the alternative, of poor investments and no growth.  Successful RRSP investors have used the tax sheltering of an RRSP to maximum benefit. As well, many RRSP contributors [...]