Quote:
Originally Posted by fotze
So loob job, you are saying that RRSP is still the preferred place, but if that is maxed out, then this is the next place for the cash to go followed by just regular investments?
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Yes, assuming you are in the high tax bracket and won't be withdrawing until you retire.
The benefit of the TFSA is that you can pull it out at any time with no tax implication, but the negative is that may be to much temptation for people and they won't end up saving for the future.