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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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Five Healthy Eating Tips for the Holidays





Here are 5 healthy eating tips to keep in mind during the holiday season:

  1. Plan ahead: Before attending a holiday party, eat a healthy snack to avoid overeating. If you’re hosting, consider offering healthier options such as fruit or vegetable platters.

  2. Portion control: Enjoy your favorite holiday foods in moderation. Use a smaller plate to help control portion sizes and avoid going back for seconds.

  3. Stay hydrated: Drinking water can help you feel full and prevent overeating. Try to drink at least 8 cups of water per day.

  4. Get moving: Exercise can help reduce stress and burn off extra calories. Consider taking a walk after a holiday meal or participating in a fun winter activity like ice skating.

  5. Be mindful: Pay attention to your body’s hunger and fullness cues. Eat slowly and savor each bite. Remember that the holidays are about spending time with loved ones, not just food.


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