TFSA & PYR shares to shelter.Good Day All Longs, Once upon buying Long in PYR, consider the advantages of your TFSA tax shelter to keep PYR shares within. Info as follows: The 2020 contribution limit is $6,000. If youve already contributed to a TFSA and you withdraw from it during the year, the amount withdrawn will be added to your contribution room for the following year. The cumulative limit is $69,500. This limit has increased every year since 2009 or since the year you turned 18, if youre a Canadian resident. The TFSA is undoubtedly one of the best tax shelters and its becoming increasingly popular with Canadians every year. The advantage that comes with a TFSA, is to earn tax-sheltered income through your investments. RRSP or TFSA, which one to choose? RRSP allows you to put aside money tax-free to save for retirement, while also reducing your taxable income. You can use it, for example, to save for retirement, pay for your education or buy your first home. TFSA allows you to put aside money tax-free to save up for anything you want. Renovate your home, start a business, or travel, the possibilities are endless! Maximize your TFSA contributions by using as much of your contribution room as you can. You All enjoy a great year to come, Sincerely, Topseeker