“`html What Is a Tax-Free Savings Account (TFSA)? A Tax-Free Savings Account (TFSA) is a flexible savings option for Canadians who are 18 or older with a valid Social Insurance Number (SIN). Through a TFSA, you can grow your savings tax-free for life. While contributions are not tax-deductible, any earnings…

The Canadian government offers various financial supports to help families with their expenses. Here’s a simplified overview: Canada Child Benefit (CCB): This is a monthly payment for families with children under 18. The amount depends on your income and the number of children you have. It’s designed to assist with…