Archive for January 2018

A Tax Free Savings Account is an excellent savings vehicle. You can now qualify for up to $57,500 in TFSA contribution room (2018), making it more worthwhile to consider using it for a long-term investment strategy. Financial institutions still promote TFSAs as strictly for savings. There’s nothing wrong with that, although if you have only…

2017 was a good year for the Canadian ETF market, with total assets reaching nearly $146 billion at year-end. While a far cry from the $1.48 trillion that Canadian investors held in mutual funds, it still represents 28 percent growth for ETFs in Canada. BlackRock’s iShares dominates the Canadian ETF market, boasting a 40 percent…