Posted here as not all Canadians will be subscribers to the paid forums.

Just received notification through my brokerage house that TFSA limits have been increased to 10k per year per individual effective jan 1, 2016. So, for example, husband and wife can contribute a total of 20k per year.

Accrual within the TFSA's are tax free, withdrawals are tax free. For myself, I prefer trading vs GIC type deposits. My riskiest investments have been through this vehicle, and I've logged some great tax free gains.