40% of Gen Z said they didn't feel confident about when to use a TFSA or RRSP
Increasing compliance costs makes it uneconomical to serve smaller accounts, study says
Total TFSA contribution room to rise to $109K for eligible taxpayers
Suggestions include eliminating GST/HST on investment fund management fees, raising RRIF conversion age and more
Information remains temporarily unavailable for 10% of TFSA holders, the agency says
Financial advisors’ groundwork informs account decisions and helps avoid overcontributions
Party pitches range from tax cuts and incentivizing investment in Canada to more social supports
Tax experts weigh in on Canada First Reinvestment Tax Cut and other election promises
FHSA contributors were younger and more affluent
Respondents cited expenses, debt repayment and insufficient income as barriers to saving