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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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International Women’s Day 2024: Celebrating #InspireInclusion

 

On March 8, 2024, we commemorate International Women’s Day, a global event that recognizes the achievements, contributions, and resilience of women across the world. This year’s theme, #InspireInclusion, calls for action to break down barriers, challenge stereotypes, and create environments where all women are valued and respected.

What Is #InspireInclusion?

  • #InspireInclusion encourages everyone to recognize the unique perspectives and contributions of women from all walks of life, including those from marginalized communities. It’s about fostering a sense of belonging, relevance, and empowerment for women everywhere.
  • By inspiring others to understand and value women’s inclusion, we forge a better world. When women themselves feel included, they experience a profound sense of belonging and empowerment.

How Can You Participate?

  1. Share Your #InspireInclusion Photos and Messages: Join the movement by posting your photos and messages that celebrate women’s diverse voices, achievements, and stories. Use the hashtag #InspireInclusion to amplify the message.
  2. Challenge Stereotypes: Engage in conversations that challenge stereotypes and biases. Advocate for equal opportunities and representation.
  3. Support Women Year-Round: While International Women’s Day is a powerful moment, let’s remember that supporting women is an ongoing commitment. Be an ally, mentor, or advocate throughout the year.

Let’s celebrate the women who inspire us, honor their resilience, and work collectively to create a world where every woman’s voice matters. Happy International Women’s Day!


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