Politics could shrink TFSA contribution room
The Canada Revenue Agency (CRA) says the $10,000 TFSA contribution limit is effective immediately, but there’s some concern a new government could make the extra contribution room disappear.
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How the TFSA limit increase changes the savings landscape
The increase in the tax-free savings account contribution limit to $10,000 from $5,500 will provide Canadians with an opportunity to accumulate tax-free savings at a significantly higher rate over the course of their adult years.
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Changes to TFSAs, RRIFs coming
There weren’t many surprises in the 2015 federal budget, which includes changes to TFSA contribution limits and the amount seniors will be required to withdraw from registered retirement income funds.
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Should Canadians take advantage of lower RRIF withdrawal rates?
Organizations like CARP and CPA Canada have been lobbying for years to lower the rate of, or even eliminate, mandatory RRIF withdrawals. On Tuesday, part of their efforts paid off.
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Budget receives mixed reaction
Tuesday’s federal budget received both positive and negative reactions.
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IIAC gives thumbs up to budget
The Investment Industry Association of Canada (IIAC) has applauded measures announced in Tuesday’s federal budget, particularly the increase in the TFSA contribution limit and the reduction to RRIF minimum withdrawal amounts.
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Feds post modest surplus in election-year budget
Federal Finance Minister Joe Oliver reported a $1.4 billion surplus in a long-promised balanced and pre-election budget he delivered Tuesday.
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Plans to increase TFSA limit come under fire
Liberal and New Democrat politicians are criticizing the government’s plans to increase TFSA contribution room, a move expected in the 2015 budget.
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Here are some comments and analysis regarding the budget:

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