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RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
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Israeli Airstrike in Southern Gaza Leaves 71 Dead

 

In a devastating attack on the southern Gaza Strip, at least 71 people lost their lives, according to the Gaza Health Ministry. The strike, which occurred in the Khan Younis area, also left 289 others injured. Many of the injured and deceased were taken to the nearby Nasser Hospital.

The Israeli official identified the target of the strike as Mohammed Deif, believed to be the chief architect of an earlier attack that killed around 1,200 people in southern Israel. Deif has long been on Israel’s most-wanted list and has reportedly escaped multiple assassination attempts in the past. Rafa Salama, another top Hamas official, was also targeted in the strike, though details on their fate remain unclear.

This tragic incident adds tension to ongoing talks between U.S., Egyptian, and Qatari mediators, who are working to narrow gaps between Israel and Hamas regarding a proposed three-phase cease-fire and hostage release plan in Gaza. The potential killing or injury of any senior Hamas official threatens to derail these delicate negotiations. 

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