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U.S. and China Cut Tariffs 115%: What Does it Mean for Canada?
Earlier today, the U.S. and China made a joint statement in which they announced that they would be lowering tariffs on one another by 115%. The U.S. tariff rate on China will decline from 145% to 30%, while the Chinese tariff rate on the U.S. will go down from 125% to 10%. The biggest tariff…
Earn $4,275 Per Year Inside Your TFSA
Retirees and other income investors can take advantage of their Tax-Free Savings Account (TFSA) limits to build portfolios of Canadian investments to generate tax-free passive income. TFSA limit The TFSA limit in 2024 is $7,000. This brings the cumulative maximum contribution space to $95,000 for anyone who has qualified every year since the launch of…
