How to use your TFSA to make money instead of as just a place to park cash

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How to use your TFSA to make money instead of just a place to park cash

The Tax Free Savings Account is now 10 years old and a recent study by the Royal Bank of Canada shows that for the first time, more Canadians have TFSAs versus RRSPs.

Stuart Gray, director financial planning at RBC, speaks with the Financial Post’s Larysa Harapyn about the differences between TFSAs and RRSPs and explains how people can use the TFSA more effectively to reach their financial goals.

 

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