Your Guide to Tax-Free Savings Accounts

Your Guide to Tax-Free Savings Accounts

Since 2009, tax-free savings accounts (TFSAs) have been available to Canadian citizens and residents as a long-term investment option. If you haven’t yet opened up a TFSA, or you want to know more about whether or not you’re using the one you have to its fullest...
What is a change in use election?

What is a change in use election?

If you’ve either started or stopped renting out your home in the 2021 tax year, you’ll likely need to file a change in use election along with your tax returns this year. This might sound a bit daunting, especially if you’ve never dealt with one before. But, it’s...