Replies to this Post

  1. Emerson says:

    I’ve made contributions across gic, savings, rrsp, and bonds. So i’m in good shape 🙂 🙂

  2. Tim B says:

    I wish banks paid better interest.

  3. Harpreet says:

    Actually be careful when you say $15,000 is available for 2011 since it also depends on how much isnt used from prior years.

  4. Trace D. says:

    Yes. in 2011 it will be an additional $5000. So, depending on your prior contributions and the interest earned, your contribution room for 2011 will be a minimum of $15,000.

  5. Ivan S. says:

    Is the 2011 contriubtion room another $5000?

  6. Maxwell says:

    I guess i am the only one on the planet that doesnt know what tfsa even means 🙁

  7. Barry F. says:

    I’ve only used it for RRSPs.

  8. Brook S. says:

    The main problem with it is that the contribution space is tiny. Until it is pushed up to fit more i dont see why anyone would use it for anything but as a true savings account.

  9. Lenny Sweeney says:

    You can use tfsa with stocks? That’s new to me.

  10. Keifer B says:

    I agree that the main problem has to do with marketing. At least that is why i have been inclined to only use TFSAs with GICs.

  11. Jax says:

    The reasoning is simple. Why should i when the interest rate offered isn’t any better across different instruments?

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