Maxed Out Your TFSA? The Account Where Canadian Dividends Are Taxed Less
Maxing your Tax-Free Savings Account (TFSA) doesn’t mean you have to stop investing. A regular taxable investment account can hold additional savings, and eligible Canadian dividends receive a tax credit that ordinary interest doesn’t. That doesn’t make the account better than a TFSA.
Turning 60 in 2027? Taking CPP Early Shrinks Your Cheque 36%
Taking Canada Pension Plan (CPP) payments at 60 gives you five extra years of cheques. It also locks in a smaller age-adjusted payment than starting at 65. The decision deserves more thought than whether you’d like the money sooner. Most of us would
The bull market just turned four after climbing a wall of worry
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan Mcdermid | Reuters Happy birthday to the bull market, which just turned four. Monday marks the fourth anniversary of the current bull market, with the S&P
The TFSA Withdrawal Rule Every Canadian Should Know
A Tax-Free Savings Account (TFSA) gives you a lot of flexibility, but that flexibility can also lead to mistakes. You can withdraw money whenever you want without paying tax, which sounds simple enough. The part Canadians sometimes forget is that you have to
The Ideal TFSA Stock: A 5.9% Yield-Paying Constant Cash
A Tax-Free Savings Account (TFSA) is a powerful tool for long-term wealth creation, letting investors earn tax-free dividend income and capital gains on eligible investments, up to their available contribution room. However, investors should exercise caution, as losses realized on investments held within
A Perfect TFSA Stock for Retirement: A 5.7% Yield With Constant Paycheques
Investors in retirement want the best combination of reliable, predictable income and steady long-term growth. The TFSA (Tax-Free Savings Account) is a great place to invest for income because your income is completely tax-free. Simply investing through your TFSA saves you the hassle
Foreign Money Is Pouring Into Canadian Banks: Is This One Still Worth Buying?
Canadian banks spent years being treated like the sensible shoes of global investing. Reliable, profitable, and not exactly something international investors rushed across the border to buy. Today, that’s changing. Foreign institutions owned 19.3% of Canada’s large banks in May 2026, according to
2 Canadian Dividend Stocks I’d Buy and Hold for Life
The idea of holding a stock for life only works if the business you are investing in can keep changing with the world around it. Simply put, more than a solid past, the company needs assets that remain useful, management willing to invest,
3 TFSA Strategies Used By Wealthy Canadians
If you haven’t contributed to your TFSA (it’s a $7,000 limit this year), or if you’ve done so but haven’t invested the proceeds, with much of it just sitting there in a cash balance, it might be time to start strategizing so that
A Top TSX Dividend Stock That Could Cover You at the Gas Pump
Rising fuel costs are hitting Canadian residents hard. One way to potentially offset the impact is for self-directed Tax-Free Savings Account (TFSA) investors to own shares of the companies that are benefitting from higher oil prices. These firms are giving back a good
