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The Canada Revenue Agency  CRA  sets an annual Tax-Free Savings Account  TFSA  limit on January 1. This year s limit is $6,000, and any amount above that is taxed. But with so many lucrative stocks in the be stanley cup ar market, a $6,000 limit looks small. What if you could increase your TFSA limit without incurring any tax liability  Going beyond the TFSA limit聽The CRA s limit states that you cannot add more th stanley website an $6,000 to your TFSA account. But you can create an extended limit with the amount already invested. If you have聽dividend stocks聽in your portfolio, invest the dividend money to buy growth stocks that have taken a hit due to short-term challenges.聽For instance, Amy owns 100 shares of聽TC Energy聽and has been receiving dividends for the stanley cup  last three years. She has accumulated $942 in dividend income, which she never withdrew from her TFSA. This accumulated dividend becomes an extended TFSA limit, and Amy can enjoy the same tax benefits that apply to the $6,000 limit. She can now use this money Qpka Fairfax Financial Holdings Ltd.: Prem Watsa Just Turned Bullish
The market is hard to please. Bank of Nova Scotia  TSX:BNS  NYSE:BNS  had good quarterly results, but the stock responded by falling about 3.7% to below $77 per share on Tuesday.The quality Canadian bank has been an excellent long-term investment. Should you buy on the dip  Before exploring whether the bank is a good buy tod stanley cup ay, let s first take a look at its recent results.Fiscal Q2 resultsFor the quarter, Scotiabank generated about half of its net income from its Canadian b stanley water bottle anking business, which saw strong loan growth of 7%  residential mortgages up 6% and business loans up 14%  and net interest margin expansion of five basis points to 2.43%. Its international banking business also did well, driven by strong growth from Pacific Alliance countries.Here are some metrics compared to the same fiscal period in 20172 2017Q2 2018ChangeRevenue$ stanley mugs 6,581 million$7,058 million7.2%Non-interest expenses$3,601 million$3,726 million3.5%Net income$2,061 million$2,177 million0.7%Diluted earnings per sh