May 25th, 2009

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

May 27th, 2008

Considering Opening Up a TFSA Account Before 2009?

With the introduction of the Federal Government Tax-Free Savings program in 2009, all Canadian residents over the age of 18 will be able to have their money working harder for them without having to pay tax on the interest earned. ING is offering a special cash bonus for accounts opened prior to the official announcement.

Find out more about this special limited time offer here: http://taxfreesavingsaccountinfo.com/tfsa-offers/