In 2025, the TFSA contribution limit increased to $7,000 ... which has generated nearly US$6 billion in proceeds since 2020 at an average return of 22%. Recent successful exits include the ...

These stocks have solid growth potential and will enable TFSA investors to generate significant tax-free capital gains in the long run.

With the TFSA contribution limit set at $7,000 for 2025, investors could consider investing in fundamentally strong TSX stocks with the potential to grow significantly in the long term. Against this ...

In this article, I’ll explore the TFSA contribution limit for 2025 and how to put it to use. As mentioned previously, the TFSA new contribution room for 2025 is $7,000. That means that those who turn ...

In most provinces and territories, you must wait until the date of your 18th birthday to open a TFSA. However, once you turn 18, you get the total contribution limit amount for that year.

If you have unused contribution room, now is the time to plan ahead and take advantage of the new TFSA limit for 2025. Even if you haven’t maximized past contributions, any unused room carries ...

If you overcontribute to your TFSA, you’ll have to pay a penalty of 1% per month on the amount that exceeds your contribution limit. If you find yourself in this situation, Certified Financial ...

Any unused room from previous years also carries over when Canada Revenue Agency calculates each person’s annual RRSP deduction limit ... gains that are made in a TFSA are not taxable and ...

Tara Lalehparvar is co-chief executive officer of Vancouver-based Skyward Financial, a financial literacy and advisory practice geared toward generation Z and younger millennial investors, and she ...