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Home -> Glossary -> Age of majority / minor childAge of Majority by Province / Minor ChildA minor is a person who has not yet reached the age of majority. The age of majority is the age at which a person is considered to be an adult legally, and in Canada it is normally determined by province of residence. However, the age of 18 is the age of majority for the attribution rules relating to transfers or gifts to a related minor child, as defined by s. 74.1(2) of the Income Tax Act. Our TFSA vs RRSP Calculator asks for your age at the prior year end, indicating it must be at least 17, 18 in some provinces. If the age of majority is 18 in your province, then your age at the prior year end must be 17 in order to have a TFSA or RRSP. Of course, you cannot actually open the TFSA or RRSP until you have reached the age of majority in your province or territory. This also applies to the First Home Savings Account (FHSA). Links for each province are to the Age of Majority Act, or to the Quebec Civil Code. Age of Majority of 18 YearsAlbertaAge of Majority of 19 yearsBritish ColumbiaRevised: May 22, 2025
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