Almost ONE MONTH now since Oaken Financial claimed to have sent my 2024 tax free saving account information to Canada Revenue Agency, I was very much surprised & totally disappointed to find that CRA STILL DOES NOT HAVE MY UPDATED TFSA information so that I can make some much much delayed already investment/savings decision.
I rely on this CRA updated information every year so that I will not run into a heavy over-contribution penalty dilemma by CRA despite I have pretty good & well organized information of my own. I need to rely & know that my numbers are all correct & 100% consistent with those held by CRA.
Many previous years I was able to get my updated TFSA information by mid & no later than end of February. I have no idea what reasons CRA has for so much delays this year & still not giving me my updated information for 2025.
Maybe the more bulky CRA has become, the more inefficient & bureaucratic they become & consequently, a fine, well intended TSFA program has become increasingly lack of its original effectiveness & updates are increasing inaccurate as they took soooooooooooooooo long to be available!
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