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0 pointsrichajak5y ago0 comments

In addition to RRSP, you can reduce tax by contributing to TFSA.

Just focus on Ontario and BC, these will be sufficient for most tech immigrants.

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4 comments · 2 top-level

wasalp5y ago· 2 in thread

That's not accurate. TFSA contributions are only made with post tax income, the real benefit comes when you take the money out since any gains made with the invested money will be tax free when withdrawn.

senecaso5y ago

Good to know. I'll add TFSA in the taxable expenses column.

richajakOP5y ago

Thanks, it slipped my mind :-)

senecaso5y ago

Good call. I'll take a look at that later today.

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