The best TFSAs in Canada for 2021 Jan 27th

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
 home insurance

COVID-19, Loss of Employee Benefits & Conversion Health Insurance Plans + MORE Feb 28th

Unfortunately many Canadians have now found themselves without employee benefits due to job loss as a result of the COVID-19 pandemic. Not having health insurance coverage can be a source of worry for many of these unemployed Canadians. The good news is that there are specialized health and dental .... More »

Financial planning in your 70s Feb 12th

When most people think about financial planning, they think about saving and investing for retirement. That is a part of it, but financial planning is much more holistic. Here are a few financial planning strategies for those approaching or into their 70s. If you’re not there yet, bookmark this fo.... More »

Canada’s best credit cards 2021 Feb 8th

Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balanc.... More »

Accident benefits have you covered—but for what, exactly? + MORE Feb 16th

Accident benefits are likely the last thing on your mind when you’re buckling up in a new ride and tuning into your ultimate road-trip playlist. But it’s important to know that this kind of car insurance is mandatory across Canada, and it plays a very important role if an accident happens and so.... More »
A tax-free savings account, known better as a TFSA, is a savings vehicle available to Canadians aged 18 and up who have a valid social insurance number (SIN). It was launched by the federal government in 2009 as a way to encourage Canadians to save and invest.
As the name suggests, TFSAs offer a tax break on contributions—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowing you to hold cash, guaranteed investment certificates (GICs), stocks, bonds, exchange-traded funds (ETFs) or mutual funds, so you can tailor your account to different financial strategies and goals. The TFSA contribution limit for 2021 is $6,000, but keep in mind that if you qualified to make a contribution in 2020, but didn’t that contribution room is still available to you. For those who turned 18 in the year 2009 or prior, the lifetime contribution limit is $75,500…

Continue Reading On »


Compare insurance quotes through - save time and money!