business / news / / The Motley Fool Canada
The average Canadian at 60 has a TFSA that isn’t working nearly as hard as it should be.
Canadians aged 60-64 have an average TFSA balance of about $45,109.
KEY POINTS
- The same age group has an average of $47,631 in unused TFSA contribution room.
- Most Canadians keep TFSA funds in low-growth vehicles like GICs or savings accounts.
- Brookfield Business Partners repurchased $235 million in shares below its net asset value.
- Clarios, a Brookfield portfolio company, grew annual EBITDA by 40% since acquisition.
COMPANIES
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