TFSA contribution room calculator + MORE Apr 9th

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CPP payment dates this year, and more to know about the Canada Pension Plan Aug 4th

In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »

Does it make sense for a young person to have life insurance? Nov 24th

Buying life insurance in your 20s can feel like an added cost to an already long list of expenses. But experts say it can safeguard loved ones if life doesn’t go as planned. Do young Canadians need life insurance? There can be a “very high temporary insurance need” for younger Canadians,.... More »

Consumer-first finance: How USDC Rewards are changing the game Nov 20th

While traditional savings accounts offer minimal returns, cryptocurrency platforms are presenting Canadians with new options for their cash. Coinbase’s latest offering—3.85% rewards* on USDC balances—highlights a growing shift in how people think about storing and growing their money. T.... More »

Compare auto insurance in Calgary Mar 13th

If you’re buying a new or used car, SUV or pickup truck to drive the streets of Calgary, you’ll also need to shop for auto insurance—it’s required in Canada. Alberta drivers pay the second-highest car insurance rates in Canada (after Ontario), according to the Automobile Insurance R.... More »

Canadian Dental Care Plan news: Coverage expanding on May 1 Apr 26th

How to apply for the Canadian Dental Care Plan Starting on May 1, the Canadian Dental Care Plan (CDCP)—a federal program designed to make dental care more affordable for those Canadians without access to dental insurance—will be open to more age groups. Here’s when you can apply fo.... More »

TFSA contribution room calculator

– moneysense.ca

Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.

Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds (ETFs), guaranteed investment certificates (GICs), bonds, stocks and, yes, plain old cash. While you do have to abide by the set amount of contribution room each year, any growth you earn on those investments will not affect your contribution room for the current year or years to come. Plus, the income earned is tax-free (more on that below). Any resident of Canada who is 18 or older and has a valid social insurance number can open a TFSA.

Featured TFSA Accounts

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Best TFSA savings account

Earn 3% interest tax fee tax-free interest with flexible withdrawals and zero fees…

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The best cash back credit cards in Canada for 2024

– moneysense.ca

Credit Cards

Best cash back credit cards in Canada
Searching for the perfect card? Compare your options with our interactive tool, and filter results based on rewards value, annual fees, income requirements, and more.

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Known for their simplicity and versatility, cash back cards eliminate the hassle of tracking loyalty points and offer the ultimate reward—a percentage of what you spend back in cash.

If you want to maximize your cash back rewards, start with one of these three cards, which suit the preferences and habits of most Canadians. Or keep scrolling for a curated list of recommendations across even more categories.

Top cash back CREDIT CARDS

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Best overall cash back

Earn 4% back on groceries and gas, and 2% on everything else you buy.

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Best for groceries and families

Earn 4% on groceries and recurring payments (includes eligible utility bills, insurance premiums, and more)…

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