Are you looking for a new way to save your hard earned cash? Well, in case you forgot, the Government of Canada unveiled new tax-free savings accounts.

The plan offers Canadians aged 18 or older an account where they can invest up to $5,000 each year in the account and allow its holdings to grow tax-free.

Eligible investments include guaranteed investment certificates, bonds, mutual funds and stocks.

I’m interested to see if my current investments will fall under this or if I have to take some other money and put it in to a savings account.

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