TFSAs don’t start until a person is 18.
She will want to bank the RRSP room until she is a higher tax bracket as she would be likely under the 12k and 18k thresholds for federal and provincial taxes.
If she plans on going to post secondary an RESP would make sense because the government will match 20% but otherwise a regular non-sheltered account makes the most sense.
Is this saving for retirement or saving for a purchase sometime in the future because that would determine what to invest in based on the time horizon.
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