How to Leverage a TFSA to Effectively Double Your Contribution [Yahoo! Finance Canada]
FirstService Corporation - Common Shares (FSV)
Last firstservice corporation - common shares earnings: 4/23 07:30 am
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Source: Yahoo! Finance Canada
Doubling your Tax-Free Savings Account (TFSA) contribution doesn't mean bending the rules — it means building a portfolio that generates an additional $7,000 in annual income or gains to match your yearly limit. With the 2026 TFSA contribution limit at $7,000, the goal is simple in theory: create a tax-free portfolio that could produce another $7,000 on its own. In practice, that takes discipline, patience, and smart stock selection. But when done right, the compounding inside a TFSA can quietly turn steady contributions into serious long-term wealth. The math behind doubling your TFSA Let's start with some numbers. If your portfolio yielded 4%, you would need about $175,000 invested to generate $7,000 in annual income. That income — sheltered from taxes — effectively “doubles” your yearly contribution without adding new capital from your pocket. But yield alone isn't enough. Chasing big dividend yields can backfire if payouts aren't sustainable. Instead, focus on compani
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FSV
News
- FirstService Corporation (FSV) Appoints Isadora Badi as Chief Marketing Officer Amid Expansion [Yahoo! Finance]Yahoo! Finance
- Concordia Named CAI-NJ Community of the Year; Community Manager Earns Statewide HonorPR Newswire
- FirstService Residential Names Isadora Badi as Chief Marketing Officer [Yahoo! Finance]Yahoo! Finance
- FirstService Residential Names Isadora Badi as Chief Marketing OfficerPR Newswire
- FirstService Residential launches Skyline Sessions, a new video series exploring the future of luxury high-rise livingPR Newswire
FSV
Earnings
- 2/4/26 - Beat
FSV
Sec Filings
- 2/20/26 - Form 40-F
- 2/11/26 - Form 144
- 2/4/26 - Form 6-K
- FSV's page on the SEC website