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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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Diabetes: A Comprehensive Overview

 

Diabetes is a chronic disease that affects how your body uses sugar (glucose) for energy. It can cause serious damage to the nerves, blood vessels, and organs. 

According to the World Health Organization, the number of people with diabetes rose from 108 million in 1980 to 422 million in 2014. Prevalence has been rising more rapidly in low- and middle-income countries than in high-income countries. Diabetes is a major cause of blindness, kidney failure, heart attacks, stroke, and lower limb amputation.

There are two main types of diabetes: type 1 and type 2. Type 1 diabetes is characterized by deficient insulin production and requires daily administration of insulin. In 2017, there were 9 million people with type 1 diabetes; the majority of them live in high-income countries. Type 2 diabetes occurs when the body cannot effectively use the insulin it produces. It is often associated with obesity and physical inactivity.

Symptoms of diabetes may occur suddenly. In type 2 diabetes, the symptoms can be mild and may take many years to be noticed. Symptoms of diabetes include feeling very thirsty, needing to urinate more often than usual, blurred vision, feeling tired, and losing weight unintentionally.

A healthy diet, regular physical activity, maintaining a normal body weight, and avoiding tobacco use are ways to prevent or delay the onset of type 2 diabetes. Diabetes can be treated and its consequences avoided or delayed with diet, physical activity, medication, and regular screening and treatment for complications.

In conclusion, diabetes is a serious chronic condition that impairs the body’s ability to process blood glucose. It is a major cause of morbidity and mortality worldwide. However, with proper management and lifestyle changes, it is possible to live a healthy and fulfilling life with diabetes.


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