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Canadians Gain More Room to Save with 2025 TFSA Limit

  The Tax-Free Savings Account (TFSA) contribution limit for 2025 has been set at $7,000 , giving Canadians another opportunity to grow their investments tax-free. Since its launch in 2009, the TFSA has become one of the most popular savings tools in the country, offering flexibility and tax advantages that appeal to both short-term savers and long-term investors. For those who have never contributed to a TFSA and were eligible since the beginning, the total cumulative contribution room now stands at $102,000 . This allows Canadians to deposit a significant amount into their accounts without worrying about taxes on investment gains, dividends, or withdrawals. One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year . This makes it ideal for saving toward major purchases, retirement, or even emergency funds. Unlike RRSPs, contributions are not tax-deductible, but the growth inside the...

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Biden's Debate Performance: A Missed Opportunity

 

Joe Biden’s debate performance has been a topic of concern for Democrats. During the recent debate, he stumbled and struggled to defend his record. 

His hoarse voice and incorrect statements raised alarm bells among his supporters.  Some even called for an open convention, questioning whether he’s the right candidate to face Donald Trump in the upcoming election. 

While Biden did recover somewhat during the debate, the initial impression left Democrats worried about his ability to lead the party forward. It’s a critical moment as voters tune in, and first impressions matter. Let’s see how this unfolds in the coming months. 

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