How many investments in Canada are tax-free? Canada Savings bonds, GICs, RRSPs, bank interest, stocks, bonds, mutual funds... These are all taxable income

BUT.........

Your principle residence, (Your Home) is tax-free. Buy a place to live in and over the long term that property should rise in value and any profit that you make when you sell that property is tax-free.

Do you find it easy to save five hundred dollars ? How about five thousand ? Well if you have five thousand, that is a good amount to put down as a deposit to buy a home. Any problems saving two to three hundred thousand dollars ? A mortgage on your home forces you to save for your biggest tax-free investment of your life !

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