In Canada, one of the best investment vehicles we have is a Tax Free Savings Account. For anyone who doesn't know, this was an investment vehicle that created for Canadians to contribute a fixed amount of money and earn tax free returns. Every year the Canadian government sets the annual contribution limit and for the first time in a couple of years, it has been raised to $6500. This is important to remember for your contributions this year. If you don't have a TFSA or would like for someone to have a look at your current financial situation, please let us know and we'd be happy to assist.
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