The Canada Revenue Agency (CRA) announced several important updates before 2020 ended. One of the most important updates was regarding the Tax-Free Savings Account (TFSA). The TFSA has become an exceptional investment tool that Canadians have been using to improve their savings practices since its inception in 2009.

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Original Article Source Credits: The Motley Fool, https://www.fool.ca

Article Written By: Adam Othman  

Original Article Posted on: January 25, 2021  

Link to Original Article: https://www.fool.ca/2021/01/25/canada-revenue-agency-2021-1-important-tfsa-change-to-note