Information About TFSA Contribution Limits Now Available, Says the CRA

Information about TFSA contribution limits now available, says the CRA

The Canada Revenue Agency (CRA) says it has resolved an issue that prevented people from seeing how much contribution room they had left in their tax-free savings accounts (TFSAs).

How to Transform $28,000 in TFSA Contributions Into a Reliable Income Source

The Bank of Canada has cut interest rates seven times since last year June, lowering its benchmark interest rates to 2.75%. Moreover, economists are predicting two more 25-basis-point rate cuts amid easing inflation and headwinds caused by the United States’s trade policies on the Canadian economy. Therefore, in this low-interest-rate environment, investors should consider acquiring quality stocks that pay monthly dividends to earn a healthy, re…