A special report from the BMO Real Financial Progress Index reveals Canadians plan to spend more on vacations and/or travel (20%), home renovations (15%), weddings for family and/or friends (10%) and special events such as graduations and showers (9%) this summer compared to 2023.
The Bank of Montreal (TSX:BMO) says that the average TFSA balance is $41,510, far below the maximum. The post Here’s the Average TFSA Balance in 2024 appeared first on The Motley Fool Canada.
As the Canadian market navigates through a phase of economic stabilization and rate cuts by the Bank of Canada, investors are closely monitoring shifts in market dynamics and opportunities. In this context, dividend stocks on the TSX emerge as a focal point for those seeking potential resilience and steady returns amidst evolving economic conditions.