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Thursday, October 09, 2008

Etrade Canada and the new TFSA accounts?

Does anybody know if Etrade Canada will have the TFSA account setup ready before next year so we can hit the ground running as soon as TFSA are in place?

3 comments:

The Canadian Money Reviewer said...

I've just called Etrade about this. They said that Scotia Bank will most likely make TFSA accounts available through Etrade but they can't confirm yet.

Anonymous said...

ING Direct has already started TFSA. They are going to double the interest on TFSAs.

Here's a blurb I found: http://www.frugalis.ca/wp/?p=92

Cheers.

Sarah

The Canadian Money Reviewer said...

Sarah: thanks for the info. One note, they are going to pay double interest only on money you invest from now until January 2009 to get you to sign up now and get the same benefits as if the account were already tax free (which will really happen in January 2009)

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