Quote:
Originally Posted by Calgary14
Not directly related to the RRSP but a new study came out today saying that doubling the TFSA limit would only benefit the wealthy.
http://www.cbc.ca/news/politics/doub...gues-1.2967796
The study estimates if someone put the annual contribution limit in every year they could earn up to $8M over their lifetime (assuming the contribution limit gets doubled). |
Garth Turner has a good blog about the TFSA issue, and I tend to agree with him on his position:
http://www.greaterfool.ca/2015/02/24/tax-this-2/