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RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
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How to Train Your Brain Like a Pro: Five Science-Backed Tips from Neuroscientists

Your brain is the most complex and powerful organ in your body, and it needs proper care and maintenance to function optimally. Neuroscientists, who study the brain and nervous system, have some tips on how to keep your brain healthy and sharp as you age. Here are five simple habits you can adopt to boost your brain power, according to neuroscientists.

  • Brain health industry boom: The global industry of products and services that claim to support brain health is valued at US $140-billion and expected to grow rapidly, partly due to the projected rise of cognitive disorders in the aging population.
  • Healthy lifestyle choices: Experts say that exercising regularly, abstaining from cigarettes and alcohol, and spending quality time with loved ones can reduce the risk of brain disease by as much as 30 per cent.
  • Hidden threat of social media: Experts warn that social media addictions can erode attention span and hinder deep thought, and suggest replacing scrolling with more cognitively stimulating activities, such as digital games, creative pursuits, reading fiction, or meditation.
  • Best daily practices for brain training: Experts recommend five daily practices that can improve memory, attention, creativity, and social cognition: physical activity, digital games, a creative pursuit, quality time with loved ones, and meditation or self-reflection.
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