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RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
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Riddles and Answers


                                      

Riddles are a great way to challenge your mind and have some fun. They can also help you improve your vocabulary, logic and creativity. Here are some good riddles for the day that you can try to solve. Don't worry, the answers are provided at the end of the post.

 
Riddles:  

1.  I have a face, two hands, and a tail, but no arms, legs or head. I can tell you the time, but I don't know it myself. What am I?

2.  What invention lets you look right through a wall?


3.  What is always running but never moves, has no mouth but can speak, has no head but can weep?


4.  I have a name that's not mine, and no one cares about me in their prime. People cry at my sight, and lie by me all day and night. What am I?


5.  What is so fragile that saying its name breaks it?


Answers:

1. A clock.

2. A window.

3. A river.

4. A tombstone.

5. Silence.


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