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Smart saving strategies for young Canadians

October 2025

In this episode of Finance Friday on CHCH Morning Live, Mark Perkins, Chief Risk Officer at FirstOntario Credit Union, shares practical financial advice tailored for younger generations. From RRSPs and TFSAs to the First Home Savings Account (FHSA), Mark breaks down the benefits of each option and how to prioritize your savings based on your goals and income.

Whether you’re just starting your career or helping your children navigate their financial future, this segment offers valuable insights to help you make informed decisions. Learn how to build your contribution room, prepare for emergencies, and maximize your long-term financial potential.

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Strong financial literacy is key to making informed decisions about money.