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Tax-Free Savings Account (TFSA)

Grow your money, tax-free

A Tax-Free Savings Account (TFSA) is an ideal way to make the most of your money. Contributions to a TFSA are made with after-tax dollars, but investment income and withdrawals from the account are not taxed. That means you can earn interest on your investments, grow your savings tax-free, and withdraw funds when you need them.

Start saving more! Apply for an account today at a great rate of 4.100%1,2.

1Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month.
2Interest will accrue on deposited funds as of the date funds are deposited. Interest rates and rate tiers are subject to change without notice. Interest is paid in the currency of the account.

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Motive Financial is a trade name of Canadian Western Bank, which is a member of CDIC. Deposits made under Motive Financial and Canadian Western Bank are aggregately eligible for CDIC protection up to $100,000, per category, per depositor.