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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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Families Flee New Israeli Assault in Gaza’s Khan Younis

In the midst of the ongoing Israel-Hamas conflict, families in Gaza’s Khan Younis are facing a dire situation. Israeli tanks have returned to the southern city, forcing thousands of residents to evacuate along congested roadways. Displaced Palestinians are fleeing on foot, with their belongings piled onto donkey carts and motorcycle rickshaws. The safety of designated humanitarian areas remains uncertain, as they have been attacked in the past. Meanwhile, leaders from the United States, Egypt, and Qatar are attempting a last-ditch effort to revive ceasefire talks. The situation remains tense, and civilians continue to bear the brunt of the violence. 

Previous rounds of negotiations have failed to yield a lasting ceasefire, but the upcoming talks scheduled for August 15 offer a glimmer of hope. As the conflict persists, families in Khan Younis remain caught in the crossfire, desperately seeking safety and relief from the relentless assault. 


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