TFSA and the CRA: The CRA is the ultimate record keeper of your TFSA contributions over time. They are also the body that determines if you have overcontributed and need to be fined. However, they are not good at keeping their records up to date.
The first few weeks of January are always filled with cautious optimism. There’s Dry January and fitness goals (pre-pandemic fueled by discounts to gyms and a plethora of healthy food meal plans). People commit to learn how to juggle or read 12 books or floss every day! Sadly, by mid-February the lustre of a new year where failure hasn’t marred its surface has faded.
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