Tax-Free Savings Account (TFSA) Contribution Limits for 2018 A TFSA is a flexible, general purpose savings vehicle that allows you to make contributions each year and to withdraw funds at any time in the future. A TFSA provides you with a powerful incentive to save by allowing the investment growth to accumulate and be withdrawn […]
On October 17 2017, the Office of the Superintendent of Financial Institutions (OSFI) introduced new rules on Mortgage Lending. The changes will go into effect on January 1, 2018, and will require conventional mortgage applicants to qualify at a new minimum rate, or “stress test” for uninsured mortgages. The new qualifying rate will be based […]