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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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The BEST Chicken Marinade

 


This marinade produces juicy, outrageously delicious chicken. It’s perfect for grilling or baking. You can use it with chicken breasts, thighs, drumsticks, or any other cut of chicken. Plus, it works well with veggies, pork, and beef too!

Ingredients:

  • 1/2 cup extra virgin olive oil
  • 1/4 cup soy sauce
  • 1/4 cup balsamic vinegar
  • 1/4 cup brown sugar
  • 1 tablespoon Worcestershire sauce
  • 2 cloves garlic, minced
  • Salt and pepper, to taste

Instructions:

  1. In a bowl, whisk together the olive oil, soy sauce, balsamic vinegar, brown sugar, Worcestershire sauce, minced garlic, salt, and pepper.
  2. Pierce the chicken breasts with a fork all over.
  3. Place the chicken in a large Ziploc bag and pour the marinade over it.
  4. Let it marinate for at least 30 minutes (4-5 hours is ideal).
  5. Grill or bake the chicken until fully cooked.


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