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Tax-Free Savings Account (TFSA)


A TFSA will help you save for any goal – a new car, home renovations, that dream vacation.

Because it’s tax-free, you pay no taxes on investment earnings, ensuring your savings grow faster.


Enjoy the benefits of a TFSA

  • Grow your money — Because your TFSA is tax-free, all your investment earnings stay in your pocket.
  • Use it for any goal — Your TFSA isn’t tied to a specific goal, so you can withdraw money anytime without repaying.
  • Build contribution room — Unused contribution room can be carried forward to use in future years.
  • Carry over withdrawals — Any withdrawal you make adds extra contribution room the following year.
  • No age limit — Unlike the RRSP, you can contribute to your TFSA from the age of 18 onwards for as long as you like.
  • Flexible investing options — Your TFSA can hold a number of investments, including Term deposits  and mutual funds.

​Ready to put the power of tax-free saving to work for you?

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​Get retirement ready with an RRSP

Set yourself up for the retirement of your dreams with a tax-sheltered government savings plan designed to help you get there.


See how investing in a TFSA will help your savings grow faster compared to a non-tax-sheltered investment.


Get in touch! We’ll be happy to help review your options and determine if a TFSA is right for your goals.


Whatever your goal, our expert planners at Growth Financial will help create a bulletproof plan to get you there.


​Have a question?

Connect with a member of our team by phone, in-person or online. The choice is yours. 




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