Half of Canadians don’t know what they can hold in their TFSAs
Despite near doubling of TFSA annual dollar limit, most Canadians are unaware of the basic investment options, CIBC poll reveals.
Expanding TFSA limit offers little for lower, middle earners: study
Maximization rates were higher for people in the upper income categories, Broadbent Institute report suggests.
Higher TFSA limit prompts Canadians to save more
Others say they don’t have the savings to take advantage of the higher limit, according to CIBC poll.