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Understanding Your TFSA Contribution Room in 2026

A Tax‑Free Savings Account (TFSA) is one of Canada’s most flexible and powerful savings tools, but figuring out your exact contribution room can feel like solving a puzzle. A clear breakdown makes it much easier. How TFSA Contribution Room Works Your available room is made up of three parts: Annual TFSA limit for the current year Unused contribution room from previous years Withdrawals from previous years (added back the following January) For 2026, the annual TFSA limit is $7,000 . Step‑by‑Step: How to Calculate Your Room Use this simple formula: [ \text{TFSA Room} = \text{Unused Room from Prior Years} + \text{Current Year Limit} + \text{Withdrawals from Last Year} ] A quick example: Unused room from past years: $18,000 2026 limit: $7,000 Withdrawals made in 2025: $4,000 [ \text{Total Room} = 18,000 + 7,000 + 4,000 = 29,000 ] That means you could contribute $29,000 in 2026 without penalty. A Few Helpful Notes Over‑contributions lead to penalties, so it’s worth...
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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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