Why invest in a tax-free savings account (TFSA)?

When you invest in a TFSA, you can save tax-free, starting at age 18. Whether you're just starting your career, have children, or are nearing retirement, the TFSA can adapt to your projects.

A savings vehicle that can be used to:

The benefits of choosing the TFSA with FlexiFonds products:

  • Earnings that grow tax-free and income that isn't taxable even when withdrawn.
  • The flexibility to withdraw, ideal for your medium- or long-term plans!
  • A choice of three products tailored to various risk profiles and your savings plans.
  • An investment in the local economy.

Open an account

FlexiFonds products do not qualify for additional 30% tax credits, but they do provide the tax benefits specific to RRSPs and TFSAs.

70% of FlexiFonds mutual fund assets are related to the local economy

Investing with FlexiFonds is a great way to keep your savings local.

Flexible products to help make your dreams a reality

When you choose to invest in a TFSA with FlexiFonds, you'll have access to three mutual funds primarily made up of Québec stocks and bonds, each adapted to different investor profiles. There's something for everyone! You'll have the flexibility to access your money when you need it, and there are no enrolment, transaction, or redemption fees.

FlexiFonds Conservative

You prioritize income stability over long-term appreciation of your savings?

FlexiFonds Balanced

Looking for balance between income and savings growth?

FlexiFonds Growth

Looking for long-term savings growth and, to a lesser extent, income?

Calculate the future value of my TFSA

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Indexing your contributions allows you to factor inflation into your plan by increasing contributions proportionately so that their value remains stable. For example, if you want to contribute $1,000 per year, with an indexation of 2%, you'll have to contribute $1,000 in year one, $1,020 in year two, and so on. Without indexing, your $1,000 contribution will lose value over time.

In years, your savings could reach .

Make sure you have enough TFSA contribution room available to respect the stated contribution amount. You can find this information by logging into My Account on the CRA website or calling the CRA's Tax Information Phone Service (TIPS): 1-800-267-6999.

    • The rate of return is solely used to illustrate the effects of the compound growth rate; it's not meant to reflect the future value of FlexiFonds shares.
    • We assume that your investment will yield interest calculated on an annual basis.
    • The base percentage displayed is the average annual return for a balanced profile according to the Institut québécois de planification financière (IQPF). This makes it possible to assess how much your investments are likely to grow.
    • Contributions are indexed to the rate of inflation. The inflation rate used is based on the most recent rate provided by the IQPF, which is 2%.


Here are the main features that differentiate these two complementary savings solutions.

Main savings objective 30% tax credits specific to the Fonds Redemption criteria Tax-deductible contribution Taxable withdrawal
RRSP with FlexiFonds Retirement No No restrictions Yes Yes
TFSA with FlexiFonds Saving for a project No No restrictions No No

Can't decide between an RRSP and a TFSA?

We've prepared a breakdown of the advantages associated with each option, so that you can make an informed choice based on your needs and situation. We also explain how these two savings vehicles complement each other.

Compare RRSPs and TFSAs

Our FlexiFonds mutual fund advisors have an objective approach

FlexiFonds mutual fund advisors are available to answer your questions and to help you reach your savings goals. They put their skills and expertise to work for you, without pressure tactics or commissions, so that you can save for the projects you care about.

Get to know our advisors

Most frequently asked questions

Can I transfer my savings to FlexiFonds from another financial institution?
Yes. You can transfer a TFSA or RRSP to FlexiFonds by phone or directly online. To transfer a RRIF, you will need to call us.
More Details : Can I transfer my savings to FlexiFonds from another financial institution?
What is the maximum TFSA contribution amount?
The maximum amount that you can invest in a TFSA each tax year is provided by the Canada Revenue Agency.
More Details : What is the maximum TFSA contribution amount?
Who can invest in a TFSA?
Any individual aged 18 or older who has a valid social insurance number (SIN) may invest in a TFSA.
More Details : Who can invest in a TFSA?

Give us a call, and let's talk about your plan!

Monday to Thursday, from 9 a.m. to 8 p.m., and Fridays from 9 a.m. to 5 p.m.


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