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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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Farmers Protest in Brussels for Better Market Conditions

 


Farmers from across Europe are protesting in Brussels, the EU capital, to demand better market conditions. The farmers are blocking traffic in the city, causing major disruptions. 

The protest is part of a wave of farmer protests that have swept across Europe in recent months. The farmers are demanding that their issues be put on the summit agenda and that they be given better market conditions. The climax of the protest is set for Thursday, when farmers plan to protest outside EU headquarters during a summit of government leaders. The protest is expected to be large and disruptive.


 

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