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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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Hezbollah Supports Ceasefire Efforts in Lebanon, Deputy Leader Says

 


In a recent statement, Hezbollah’s deputy leader, Naim Qassem, expressed the group’s support for ongoing efforts to establish a ceasefire in Lebanon. This comes after two weeks of intense Israeli airstrikes that have resulted in significant casualties and destruction.

Qassem highlighted the political efforts led by Lebanese Parliament Speaker Nabih Berri, emphasizing Hezbollah’s backing of these initiatives. He noted that while the group remains resilient and capable despite the heavy bombardment, a ceasefire is crucial for moving forward.

The deputy leader’s comments mark a significant moment in the conflict, as Hezbollah continues to engage in cross-border clashes with Israel. The group’s support for a ceasefire could pave the way for diplomatic resolutions and a reduction in hostilities.





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