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Investing 101

$5000 TFSA Plan

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Poilievre's $5000 TFSA Plan Will Change Everything | Investing 101

The Conservative Party of Canada, led by Pierre Poilievre, is proposing a $5,000 increase to the Tax-Free Savings Account (TFSA) contribution limit, bringing the annual total to $12,000. However, the additional $5,000 must be invested in Canadian companies to support the national economy. In this video, we break down: ✅ How TFSAs work and why they’re so powerful for tax-free investing 📈 ✅ The political history behind TFSA contribution limits ✅ The potential impact of this proposal on Canadian investors ✅ The best Canadian ETFs & dividend stocks to consider for the new $5K allowance Would this TFSA expansion affect how you invest or vote in the next election? Drop your thoughts in the comments! ⬇️ 🔔 Subscribe for more investing insights! Book a time to chat with me! : https://calendly.com/jvaletta/introdu... About the channel: This channel will be focused on bringing you guys regular insights on Canadian Financial Literacy. Market updates, thoughts on government policy, investment, tax, and insurance related topics. I'll be providing wealth accumulation tips and strategies, so if you plan on becoming financially independent while living in Canada, this is the channel you'll want to stay updated with. Newsletter featuring market insights and upcoming events coming soon - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Disclaimer: This is a general source of information only. Your capital is at risk. You may lose money on your investments. All content in this video is for entertainment purposes only and by no means is legal, investment, financial, insurance, or any other type of legal advice. All actions taken by the viewer based on the content in this video are solely their responsibility. 00:00 Introduction 00:10 Poilievre's $5000 TFSA Plan Will Change Everything | Investing 101 01:17 TFSA Review 01:56 Typical US S&P Investment 03:05 Political History Of TFSA 04:20 Compound Interest 05:21 Breakdown Of Extra $5,000 Limit 07:12 Top Pick: VCE 09:23 Top Dividend Pick: VDY 10:20 Top Dividend Pick: XEI 11:09 Top Dividend Pick: XDIV 11:56 Conclusion

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