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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Piña Coladas

 


If you like piña coladas, whip up this frosty cocktail with frozen pineapple, cream of coconut, and rum.

INGREDIENTS

  • 2 cups frozen pineapple chunks
  • 2 cups ice cubes
  • 6 oz. (¾ cup) Coco Lopez® Cream of Coconut
  • 2 oz. (¼ cup) full-fat unsweetened coconut milk
  • or heavy cream
  • 6 oz. (¾ cup) white rum
  • Juice of 1 lime (about 2 tablespoons)
  • Pineapple slices and/or Maraschino cherries, for
  • garnish


  • INSTRUCTIONS  

Put the pineapple, ice, cream of coconut, coconut milk (or heavy cream), rum, and lime  juice into a blender.

Blend until smooth and frosty. Pour into glasses and garnish with pineapple slices and Maraschino cherries, if desired. Serve immediately.





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