I’ve just heard of someone doing that and it ended badly, but that was because the person over contributed. I wonder if it would be legal/smart for me to do that? I don’t make enough to max out my TFSA and don’t take risks investing (only invest in global ETFs and bonds).
Usually borrowing to invest is a losing proposition, because if it wasn’t, it would be a free money bug.
If you could find an impossibly good interest rate (maybe through another government program) you might be able to make a small profit, I guess. Just lend it back out as bonds at a normal interest rate. You better damn well know what you’re doing, though.