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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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Healthy Recipes for a Budget in 2024


Eating healthy does not have to be expensive or boring. You can prepare delicious and nutritious meals with simple and affordable ingredients. Here are some examples of healthy recipes that you can try:

- Vegetable and Bean Soup: This hearty and filling soup is easy to make with canned or dried beans, chopped vegetables, vegetable broth, and seasonings. You can add some cheese, yogurt, or sour cream for extra creaminess and protein.

- Chicken and Vegetable Stir-Fry: This is a quick and versatile dish that you can customize with different vegetables, sauces, and spices. You can use chicken breast or thigh, or substitute tofu or tempeh for a vegetarian option. Serve it with rice, noodles, or quinoa for a complete meal.

- Pasta with Tomato and Spinach Sauce: This is a simple and satisfying dish that you can whip up in no time. You just need some pasta, canned or fresh tomatoes, spinach, garlic, olive oil, and parmesan cheese. You can also add some chicken, sausage, or beans for more protein.

- Oatmeal with Fruits and Nuts: This is a healthy and filling breakfast that will keep you energized for the day. You can cook some oats with water or milk, and top them with fresh or dried fruits, nuts, seeds, honey, or maple syrup. You can also make overnight oats by soaking them in a jar with milk and yogurt in the fridge.

- Egg and Cheese Sandwich: This is a classic and easy breakfast that you can make in minutes. You just need some bread, eggs, cheese, butter, and salt and pepper. You can also add some ham, bacon, or avocado for more flavor and texture. Toast the bread, scramble the eggs, melt the cheese, and assemble the sandwich.

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