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I paid around $10000 in excess TFSA contribution because of their incompetent/broken TFSA system.

Navigating Excess TFSA Contributions in Canada: A Step-by-Step Guide for Frustrated Investors If you’ve accidentally contributed $10,000 over your TFSA limit due to confusion with contribution room tracking or system limitations, you’re not alone. While the CRA’s TFSA system can be challenging to navigate, here’s how to resolve the issue, minimize penalties, and potentially appeal…

Tower on Parliament Hill in Ottawa

CEBA Loan Repayment Deadline – What Can Small Buisinesses Do?

The Canada Emergency Bank Account (CEBA) loan repayment deadline is set for January 18, 2024. The CEBA program provided up to $60,000 in interest-free loans to small businesses and non-profits across Canada to help them navigate the economic challenges of the COVID-19 pandemic. The federal government loaned out $49 billion in CEBA funds to nearly…

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