Here's the Average TFSA Balance for Canadians Age 65 [Yahoo! Finance Canada]
The Descartes Systems Group Inc. (DSGX)
Last the descartes systems group inc. earnings: 3/4 04:01 pm
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Source: Yahoo! Finance Canada
The most attractive investment instrument for Canadian retirees is the Tax-Free Savings Account (TFSA), as it allows you to make tax-free withdrawals, something no other registered account offers. You contribute from your after-tax income and can withdraw any amount from your TFSA without reporting it on your tax return. If your $10,000 becomes $100,000, a $90,000 investment gain can be withdrawn tax-free with no restriction on withdrawal limit or withdrawal usage. These withdrawals don't affect your Old Age Security (OAS) pension as they are not a part of your taxable income. Where else will you get such a tax-efficient instrument? Average TFSA balance for Canadians aged 65 Despite its tax benefits, Canadians aged 65 have an average TFSA balance of $51,244, as per Statistics Canada's data for the 2023 contribution year. A survey by other banks suggests the average TFSA balance of baby boomers is between $60,000 and $70,000. The $51,000 average balance is still low, considering
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News
- The No-Brainer Canadian Stocks I'd Buy With $5,000 Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Declining Stock and Decent Financials: Is The Market Wrong About The Descartes Systems Group Inc. (TSE:DSG)? [Yahoo! Finance]Yahoo! Finance
- The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- CORRECTING and REPLACING Brandon Nussey Takes Chief Financial Officer Role at JAGGAER [Yahoo! Finance]Yahoo! Finance
- Trump says $1,776 ‘warrior dividends' were made possible partly by tariff revenue, which still lags $100 billion behind what the White House expected [Fortune]Fortune
DSGX
Earnings
- 12/3/25 - Beat
DSGX
Sec Filings
- 12/9/25 - Form 6-K
- 12/4/25 - Form 6-K
- DSGX's page on the SEC website