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Tax-free money growth is the biggest benefit Canadians derive from their Tax-Free Savings Account TFSA . The Canada Revenue Agency CRA , the duly appointed administrator, allows qualified investments
stanley tumbler such as bonds, mutual funds, GICs, ETFs, and stocks in a TFSA.You can place cash in it, although it s the least-preferred option, because the TFSA isn t an ordinary savings account. Most accountholders use it to meet short-term or long-term savings goals. Since interest, profits, or dividends earned within the account are tax exempt, TFSA balances grow faster.However, some users overlook the governing rules when investing, resulting in huge mistakes, because yo
stanley cup u must pay taxes to the CRA or sometimes lose the tax-free benefits.1. Breaking the cardinal rule The CRA sets the TFSA contribution limit every year, usually in November. If you contribute more than the limit or go beyond the available contribution room, you break the cardinal rule.Always keep in
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Rogers Communications TSX:RCI.B NYSE:RCI and Shaw Communications聽 TSX:SJR.B NYSE:SJR are two of the most sought-after telecom investments on the market with significant growth prospects for long-term investors.But which of these two represents the better investment opportunity Let try to answer that question.The case for Rogers聽Rogers operates one of the largest wireless networks in the country and recently released its much-hyped new Ignite IPTV product offering. Those two factors alone put the company in a positive light for investors, but the growth-focused company offers investors much more.Let
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stanley cup ives with each passing year. Gone are the days of having standalone cameras, alarm clocks, digital calendars and dictionaries; all have since been replaced by our smartphones, and by having Rogers provide data services for our devices to
