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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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Israelis Rally in Largest Anti-Government Protest Since Gaza War

 


Tens of thousands of Israelis converged outside the parliament building in Jerusalem on Sunday, marking the largest anti-government demonstration since the country entered conflict with Hamas in October. The protesters voiced their grievances, urging the government to take decisive action.

Key Points:

  1. Hostage Crisis: The demonstrators passionately called for a ceasefire deal to secure the release of dozens of hostages held by the Hamas militant group in Gaza. Families of the captives were among the crowd, their anguish palpable.
  2. Early Elections: In addition to the hostage issue, the protesters demanded early elections, nearly two years ahead of schedule. Their collective voice echoed through the streets, emphasizing the urgency of political change.
  3. Netanyahu Under Scrutiny: Prime Minister Benjamin Netanyahu faced mounting criticism during the rally. Many protesters viewed him as an obstacle to resolving the crisis. Despite his vow to dismantle Hamas and bring the hostages home, tangible progress remained elusive.
  4. Hamas Resilience: While Hamas suffered significant losses, it continued to operate. The group’s battalions remained active, and the remaining hostages’ families feared time was running out.
  5. Road Safety Controversy: Police actions during the demonstration sparked controversy. Selective enforcement of traffic rules led to several arrests. Protesters accused the authorities of using obscure traffic regulations as a pretext for stifling their right to protest.

The crowd stretched for blocks around the Knesset, and organizers pledged to sustain the demonstration for several days. Netanyahu, in a televised speech, acknowledged the pain of the hostages’ families but cautioned against early elections, citing potential paralysis for the nation.

As the sun set over Jerusalem, the city bore witness to a powerful display of civic engagement. The struggle for peace and accountability continues, echoing through the ancient streets.


Sources: 1: Israelis rally in their largest anti-government protest since the war in Gaza began 2: Tens of thousands Israelis rally in the largest anti-government protest since the start of Gaza war

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