Since it was first launched in 2009, the Tax-Free Savings Account (TFSA) has been an unqualified success. The proof: some 8.2 million Canadians currently hold this investment vehicle, which allows them to grow their savings tax-free and pay no income tax on withdrawals. But if an RRSP and a TFSA provide the same return, would the TFSA always be the better choice for everyone? Here follows a description of the advantages of TFSAs in each of the four cycles of life.

The low savings rate among Quebec workers motivated the provincial government to introduce legislation requiring all businesses with more than five employees to set up a retirement savings plan.

The management fees charged by investment advisors are a strong incentive for investors to manage their mutual fund portfolios themselves. Is this a good idea for you?


One of Canada’s top 50 wealthiest people, John McCall MacBain, provides insight into some of the basic financial strategies of a billionaire.