Skip to main content

Featured

RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
Post a Comment
Read more

article

Labels

Market Jitters: U.S. Futures Slide Amid Tariff Worries, Tesla Takes a Hit

              

U.S. stock index futures experienced a decline on Monday as concerns over ongoing tariff disputes continued to weigh on investor sentiment. At 7:16 a.m. ET, Dow E-minis dropped 389 points (0.91%), S&P 500 E-minis fell 61 points (1.06%), and Nasdaq 100 E-minis slid 242 points (1.21%). The uncertainty surrounding trade policies, particularly between the U.S., China, and Canada, has fueled fears of a potential economic slowdown.

Mega-cap growth stocks bore the brunt of the sell-off, with Nvidia, Meta, and Amazon.com all seeing premarket declines of over 1.3%. Tesla shares fell 2.4% after UBS lowered its forecast for the automaker's first-quarter deliveries and reduced its price target for the stock.

The broader market also reflected investor caution. Futures tied to the small-cap Russell 2000 index dropped 0.9%, while Treasury bonds saw increased demand as a safe-haven asset. Banking stocks, including JPMorgan Chase, Goldman Sachs, and Bank of America, also faced declines, with the broader banks index down over 8% for March.

Adding to the unease, China's retaliatory tariffs on select U.S. imports took effect on Monday, with additional U.S. tariffs on base metals expected later in the week. Investors are closely monitoring these developments, along with upcoming data on inflation, job openings, and consumer confidence, which could provide further insights into the health of the economy.

Tesla's decline highlights the challenges faced by the electric vehicle maker amid bearish forecasts and broader market volatility. The company's stock has been under pressure due to concerns over demand and pricing strategies.



Labels:

Comments

Post a Comment