Nearly half of all BC Residents have no TFSAs

The federal government introduced tax-free savings accounts in 2009. TFSAs allow Canadians 18 years of age and over to save or invest money in an account and pay no taxes on income earned on those funds, interest payments, stock dividends or capital gains. In February, Mustel Group conducted a provincewide poll for BC Business, asking 500 B.C. residents: What statement best describes your use of TFSAs?

See poll results here