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Most Canadians Are Unsure About A TFSA
I was just reading this article from the London Free Press at http://lfpress.ca/newsstand/Business/BusinessMonday/2008/12/15/7750751-sun.html which talks about how most Canadians are unsure about opening a TFSA account due to the economy. As mentioned on the site, apparently less than 46% of Canadians intend to open an account. As expected, a lot of the comments from the…
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CIBC Tax Advantage Savings Account
I visited the CIBC page today and apparently its TSFA account is being dubbed as a “Tax Advantage Savings Account” and you can read more about it at http://www.cibc.com/ca/investing/tfsa/tax-advantage-savings-acct.html. As you can see on the page, it does indicate that you must invest at least $25 into the account. What caught my attention though is…
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Looking At The Fees To Maintain A TFSA Account
While looking at some of the banking sites today I realized that some banks appear to have fees associated with the account. Depending on who you open up the account with, there could be things such as a withdrawal fee. For example, I noticed with TD Canada allows one withdrawal from your account and then…