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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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Frozen Pineapple Smoothies

 


Ingredients

    • 1-1/2 cups 2% milk
    • 2 cups frozen cubed pineapple
    • 1 medium banana, peeled, quartered and frozen
    • Honey, optional

    Directions

    1. 1. Place the first 3 ingredients in a blender; cover and process until blended. If desired, add honey to taste.

    Nutrition Facts

      2 cups: 227 calories, 4g fat (2g saturated fat), 15mg cholesterol, 88mg sodium, 44g carbohydrate (32g sugars, 4g fiber), 8g protein.
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