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$11,000/Month Tax Free Income in a TFSA?! 7 Key Lessons for Canadians! TFSA is KINGExperience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. This week the Globe and Mail's John Heinzl took another run at a favourite fund of mine � BMO Monthly Income. It's not my favourite fund for investment but. The Globe and Mail, October 25, BMO Announces Cash Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for October BMO Financial.