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Early Bird TFSA 
Make your 2023 TFSA deposit early and earn 5% interest until December 31st, 2022
How does it work? 
Your money sits in a GIC earning 5% interest until the end of this year (December 31st, 2022).
In January, the funds will automatically go into your TFSA, counting toward your 2023 contribution limit. 
Funds earned in the Early Bird Promotion are taxable. 
What do I need to know? 
There is a $10,000 maximum contribution limit for this promotion and a $100 minimum. 
You must have or open a TFSA contract with Northern Birch Credit Union or one of our partners to be eligible. 
Get started today! 
Call us in branch or send an email to to get started today! 

Latvian Centre & Tartu College Branch - 416-922-2551
Hamilton Branch - 905-527-4344

​​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 2022 is $6,000.

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 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 2022 should not exceed $81,500.
  • TFSAs are separately insured for their full amount by the Financial Services Regulatory Authority (FSRA). 
  •  Eligible for Canadians, 18 years old or older.



​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.