Tax-Free Savings Accounts (TFSA)
Save for any goal, from a new car to a new home, with the interest you earn completely tax free.
Why invest in a TFSA?
Save tax free
Interest and investment income earned in a TFSA isn’t taxed, accelerating your savings growth.
Withdraw anytime for anything
You can take money out for any goal at any time without penalty, and re-contribute it the following year.
Carry forward unused amounts
You can contribute up to $7,000 to your TFSA annually, with any unused amount rolling over to the next year.
Invest your way
Your TFSA can hold a variety of investments, including mutual funds, term deposits and even savings accounts.
Set up your TFSA your way
TFSA CALCULATOR
Not sure if a TFSA is what you need?
We’ll be happy to help review your goals and see if a TFSA is the right solution to reach them.
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Level up your financial know-how
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TFSA 101: Key Benefits Every Canadian Should Know
Saving for your future doesn’t have to be complicated — and a Tax-Free Savings Account (TFSA) is a simple way to help your money grow over time. Learn about the benefits and how it can help you reach your financial goals faster.
Savings & Investing 101
Whether you are planning for school, your first home, travel, or for retirement it is never too early to start saving for your future.
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Copyright 2026 Provincial Credit Union Ltd. All rights reserved.