TFSAS BY THE NUM­BERS

The Globe and Mail Metro (Ontario Edition) - - REPORT ON BUSINESS / GLOBE INVESTOR -

A sta­tis­ti­cal pro­file of TFSA own­er­ship us­ing the lat­est num­bers (from the 2016 tax year).

To­tal num­ber of TFSA hold­ers: 13.5 mil­lion

To­tal num­ber of TFSAs: 18.3 mil­lion Av­er­age TFSAs per per­son: 1.4 To­tal num­ber of TFSA hold­ers who con­trib­uted to a TFSA: 7.8 mil­lion

To­tal num­ber of TFSA hold­ers who max­i­mized con­tri­bu­tions: 1.4 mil­lion

To­tal num­ber of TFSA hold­ers who made a with­drawal from a TFSA: 4.1 mil­lion

To­tal dol­lar value of con­tri­bu­tions: $55-bil­lion

Av­er­age num­ber of con­tri­bu­tions per per­son: 14.5

Av­er­age con­tri­bu­tion value per per­son: $7,014

Av­er­age num­ber of with­drawals per per­son: 4.8

Av­er­age with­drawal amount per per­son: $6,488

Av­er­age un­used con­tri­bu­tion room: $27,653

Av­er­age fair mar­ket value per per­son: $17,286

To­tal fair mar­ket value: $233-bil­lion

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