Scotiabank Gives Away $5,000-a-Day in Support of the New Tax Free Savings Account

TORONTO, Jan. 19 /CNW/ - Scotiabank has announced the launch of the $5,000-a-Day Give-away contest to support the new Tax Free Savings Account (TFSA), which came into effect on January 1, 2009.

“The $5,000-a-Day TFSA Give-away is an exciting contest that will help introduce Canadians to a new product designed to help them save and invest after-tax dollars in a tax-effective way,” said Barb Mason, Executive Vice-President, Wealth Management, Scotiabank. “TFSAs are a great complement for investors who already contribute to RRSPs to support their retirement and life goals.”

Canadians can enter the contest online at www.scotiabank.com/5000aday - or by mail - and become eligible to win one of 35 random draws for prizes of $5,000 to be awarded every weekday from January 19, 2009 to March 6, 2009. The $5,000 prizes will be awarded through direct investments into winners’ accounts, or in cash.

Article quoted from: http://www.newswire.ca/en/releases/archive/January2009/19/c8600.html

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