Key TFSA numbers


Contribution limit for 2023


Maximum contribution limit

15 million2

Canadians with a TFSA

Reach your goals faster

Whether you’re saving for a new car or turning your current home into your dream home, a CIBC TFSA Tax Advantage Savings Account can help you get there sooner.

Grow your savings, tax-free

Access your money anytime

Turn your refund into more funds

Contribute to your TFSA for life

Looking for another option? Save and defer tax with an RRSP.

A registered retirement savings plan may be right for you if you’re saving for:

RRSP Daily Interest Savings Account