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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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Restaurant-Style Pan Seared Salmon


Restaurant-quality pan seared salmon—crisp on top and just barely cooked in the center—is easy to make at home.

Ingredients:
  • Salmon fillets (skin-on)
  • Salt and pepper
  • Olive oil
  • Lemon juice
  • Butter
  • Garlic
  • Fresh parsley
Instructions:
  1. Dry the salmon fillets well with paper towels. 
  2. Season both sides with salt and pepper.
  3. Heat oil in a large non-stick skillet over medium-high heat until hot.
  4. Place the fillets skin-side down and sear for about 6-8 minutes (depending on thickness).
  5. Flip once the flesh has lightened about 3/4 of the way up the fish.
  6. Sear for another 1-2 minutes.
  7. Add butter, garlic, parsley, and lemon juice to the pan, stirring until the butter browns slightly.
  8. Serve immediately and enjoy.
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