Tax Free Savings Account

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Since forming government, the Liberals have announced several tax hikes and more may be on the way.

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With tax season at hand, here’s a useful tip for any tax-weary Canadian. When some people refer to income or other money not taxed as a “loss” to government, remember that they may merely be using technical language. In contrast, others really do lament any reduction or “omission” in possible taxes that flow to governments.