Knowing how much contribution room you have available in your tax-free savings account (TFSA) will help you take maximum advantage of tax-sheltered growth potential

As an investor, you likely have several financial goals you’re working toward. Some of them might be short term, like an upcoming vacation or pending home downpayment, while others may stretch further into your future, like your young child’s post-secondary education or your retirement.

“You can’t take it with you.” That’s why it’s common practice for older generations to transfer their wealth to their families, friends, or charities upon their death.

Forget real estate. Forget the inheritance. As great as it might feel to be able to pass down financial assets to your children/grandchildren, one of the most important things you can pass down to them is financial literacy.

Artificial Intelligence (AI) is revolutionizing how we invest, offering a smarter way to navigate complex financial markets. 

During accumulation, investors enjoy a tax deferral when the price of their holdings increases. In tax terms, this is known as an unrealized capital gain, and works whether securities are held directly or within a mutual fund.