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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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Turmoil in Trump’s Trial: Jury Selection Amidst Controversy

 

The jury selection for former President Donald Trump’s trial has been a whirlwind of events, marked by unexpected turns and courtroom drama. A juror, previously seated, was dismissed due to concerns over media exposure of her identity. Adding to the tumult, Trump was observed using his cellphone, a clear breach of court regulations.

Key Developments:

  • Dismissed Juror: The revelation of a juror’s identity by the press led to her dismissal, highlighting the intense public scrutiny surrounding the trial.
  • Courtroom Conduct: Trump’s cellphone use in court flouts the established rules, underscoring the unconventional nature of the proceedings.
  • Awaiting Justice: With the jury now finalized, the stage is set for the trial to unfold, as the world watches with bated breath.

This article encapsulates the latest updates from the high-profile legal battles involving Donald Trump, as the nation anticipates the outcomes of the various charges laid against him.

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