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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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France and Belgium Support ICC Request for Arrest Warrants of Israel and Hamas Leaders

 

In a significant development, France and Belgium have publicly backed the International Criminal Court’s (ICC) request for arrest warrants for leaders of Israel and Hamas. The ICC’s chief prosecutor, Karim Khan, accused Israeli Prime Minister Benjamin Netanyahu, Defense Minister Yoav Gallant, and three Hamas leaders—Yehya Sinwar, Mohammed Deif, and Ismail Haniyeh—of war crimes and crimes against humanity in the Gaza Strip and Israel.

While Netanyahu and Gallant are not currently facing imminent arrest, this announcement serves as a symbolic blow that deepens Israel’s isolation over the war in Gaza. The ongoing conflict has resulted in significant casualties, with at least 35,000 Palestinians losing their lives, and around 80% of the population—2.3 million Palestinians—being displaced within the territory.

The ICC’s decision to seek arrest warrants has drawn strong reactions. Netanyahu condemned it as “a moral outrage of historic proportions” while the court’s panel of three judges will now decide whether to issue the warrants and proceed with a case.

This development underscores the gravity of the situation and highlights the complex geopolitical dynamics surrounding the Israel-Hamas conflict. As the world watches, the ICC’s pursuit of justice remains a critical step in addressing alleged war crimes committed during the conflict.

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