Principal Residence home equity & sale proceeds along with TFSA’s are the only tax free investments.
Higher TFSA limits might mean some people will stop overreaching on home purchases as a way to stash cash, knowing they’ve got another tax-free haven for their money.
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Here’s a question for all those people against increasing contribution levels to tax-free savings accounts: What about all the people who never plan to own a home?
The best mortgage plan is one that is developed by assessing your goals and life stage. The Angela Calla Mortgage Team will help you personally call us at 604-802-3983 or email email@example.com