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Reach your goals​ faster with a TFSA

A Tax-Free Savings Account (TFSA) will help you save money for short and long-term goals. Because it’s tax-free, you pay no taxes on the interest or investment income earned.
The contribution room for 2024 is $7,000. Members are responsible for knowing and not exceeding their personal contribution limits.

Enjoy the benefits of a TFSA

  • Grow your money – Because your TFSA is tax-free, your earnings will be tax sheltered.
  • No age limit – Unlike the RRSP, you can contribute to your TFSA for as long as you’d like.
  • Use it for short and long-term goals – You don’t have to repay a TFSA withdrawal.
  • Carry over withdrawals – Any withdrawal you make adds extra contribution room the following year.
  • Carry over unused room – Couldn't contribute this year? Carry forward the unused room to future years.
  • It can hold a number of investments – Term deposits, mutual funds, stocks and bonds included.

What we offer:

  • High interest savings - withdraw at any time and make saving easy by setting up scheduled automatic transfers into your TFSA.
  • Term Deposits - you can invest your money for a term of 1 - 5 years.
  • Invest in mutual funds* through our partner Aviso Wealth (formerly Credential Asset Management Inc.) or use our online brokerage* partner Qtrade Direct Investing™ 
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)

Things to remember: 

  • Total contribution limits from the introduction of TFSAs in 2009 through 2024 should not exceed $95,000.
  •  Eligible for Canadians, 18 years old or older.


Effective April 1, 2024, Credential Securities, Credential Asset Management, Qtrade Asset Management and Qtrade Advisor will merge under the new name Aviso Wealth.

Formed in 2018 with the merger of Credential Financial, Qtrade Financial Group and NEI Investments, Aviso is one of Canada’s largest independent wealth management firms. Owned by credit unions, Aviso serves over 375,000 members at 150 credit unions across the country and has the resources to bring competitive products and services to your credit union.

Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.

​Ready to put the power of investing to work for you?


*Mutual funds are offered through Credential Asset Management Inc. Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade and Qtrade Direct Investing are trade names and/or trademarks of Aviso Wealth.


Whether you're saving for retirement, a new car or a dream vacation, let us help you maximize your savings.


Our TFSA Calculator will help you figure out how much you could save for your life goals when you invest in a Tax-Free Savings Account.


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Read more about how to understand and maximize your TFSA limits.

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Discover the benefits of other investment options, like an RRSP.