No fee everyday banking
Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
Model your portfolio growth with Canadian-specific assumptions. See how regular TFSA or RRSP contributions compound over time.
| Asset Class | Historical Annual Return | Risk Level | Best Held In |
|---|---|---|---|
| S&P/TSX Composite (Canada) | ~7.5% (30-yr avg) | Medium-High | TFSA/RRSP |
| S&P 500 (US, CAD) | ~10.3% (30-yr avg) | Medium-High | RRSP (avoids WHT) |
| XEQT/VEQT (Global equity) | ~7–9% (projected) | Medium-High | TFSA/RRSP |
| VGRO/XGRO (80/20) | ~6–8% (projected) | Medium | TFSA/RRSP |
| Canadian bonds | ~3–4% | Low-Medium | RRSP |
| HISA (KOHO/EQ Bank) | 3–5% (current) | Very Low | TFSA/non-reg |
| GICs (1–5 year) | 3.80–4.60% (2026) | None (guaranteed) | TFSA/RRSP |
Past returns do not guarantee future performance. Market returns are variable — use 6–7% as a conservative assumption for long-term equity modeling.
| TFSA | RRSP | Non-Registered | |
|---|---|---|---|
| Tax on contributions | After-tax dollars | Pre-tax (deductible) | After-tax dollars |
| Tax on growth | None | None (until withdrawal) | Annual (cap gains, dividends) |
| Tax on withdrawal | None | Full income tax | None additional |
| 2026 annual room | $7,000 | 18% of earned income | Unlimited |
| Withdrawal impact | Room restored next year | Permanent loss of room | No limits |
| Best for | Most Canadians | High earners (30%+ tax) | After maxing registered |