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If George over contributes to his TFSA (i.e. more than the contribution room limit), what will be the penalty? If George over contributes to

If George over contributes to his TFSA (i.e. more than the contribution room limit), what will be the penalty? If George over contributes to his RRSP (i.e. more than the contribution room limit) by $2,000, what will be the penalty?

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