Generally, if your current income is lower than what you expect in retirement, prioritize the TFSA (tax-free withdrawals). If you are in a high tax bracket now, the RRSP provides immediate tax relief through deductions. Many investors use RRSP refunds to fund their TFSA!

The inclusion rate for individuals remains 50% for the first $250,000 of capital gains in a year, and 66.67% for gains above that threshold. This makes tax-sheltered accounts (TFSA/RRSP/FHSA) more valuable than ever for high-net-worth investors.

Not tax-free, but highly tax-advantaged in non-registered accounts! Using the Dividend Tax Credit, an investor with no other income can often earn over $50,000 in eligible Canadian dividends and pay almost zero federal tax.

Dollar-Cost Averaging (DCA), or Systematic Investing, means investing a fixed dollar amount regularly (e.g. $500/mo), regardless of market highs or lows. It eliminates the emotion of "timing the market" and lowers your average cost per share over time.