TFSAsTax-free investment income.

Tax-Free Savings Accounts (TFSAs), are government-approved accounts that allow you to earn tax-free investment income. Annual contributions up to $6,000 are not deductible for tax purposes, and withdrawals and earnings from the account are not taxable. You can hold more than one TFSA.

Unused contribution room can be carried forward to the subsequent year and withdrawals can also create room in the following year. Full withdrawal amounts can be put back into the TFSA in future years, however, over-contributing in the same year may result in an over-contribution, which would be subject to a penalty tax.

Income earned and withdrawals made from a TFSA do not affect eligibility for federal income-tested benefits and credits, such as Old Age Security, the Guaranteed Income Supplement and the Canada Child Tax Benefit.

Funds can be transferred to a spouse or common-law partner to invest in their TFSA. TFSA assets can also be transferred to a spouse or common-law partner upon death.

View the Understanding TFSAs Digital Brochure.
Benefits Features
Tax-free investment Earn money without paying taxes
Higher limit TFSA contribution limit is $6,000.
Diversification Choose from a wide range of investment options, including mutual funds*, GICs and bonds.
No restrictions on use Funds can be used at your discretion.
Peace of mind All deposits are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.


*Note: over-contributing in the same year may result in an over-contribution, which would be subject to a penalty tax

Other fees may occur. View Casera’s service fees.

TFSA Options Expand/Collapse

Variable Rate (Minimum $25)

Interest is calculated on closing daily balance and paid semi-annually (September 30th and March 31st).

Fixed Rate (Minimum of $500)

One to five years terms are available. TFSAs are non-redeemable prior to maturity. Interest is paid/compounded annually on the anniversary date.

Mutual Funds*

Casera members have access to a full range of investment products and services through our partnerships with Credential Asset Management Inc.

For further information, please call our Investment Specialists:

Jayme Marien, Senior Investment Specialist at 204-958-6304
Steve Hildebrand, Investment Specialist at 204-958-4796

* Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. ®Credential is a registered mark owned by Aviso Wealth Inc.