TFSA assets rise 8% year over year

Author: External Author | | Categories: Corporate Tax , GST/HST Returns , Tax Accountant Edmonton

Canadians held a total of $298.1 billion in their TFSAs in 2018, with the average TFSA holder having $20,292, according to statistics released by the Canada Revenue Agency (CRA) on Wednesday.

The figures reflect the total fair market value (FMV) of all TFSAs at the end of the 2018 contribution year, the most recent year for which the CRA has statistics.

Read More

Original Article Source Credits:   Advisor's Edge ,

Article Written By:  Rudy Mezzetta

Original Article Posted on:   January 6, 2020

Link to Original Article: