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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Jake Paul Defeats Mike Tyson in Lackluster Bout

 

In a highly anticipated yet ultimately disappointing boxing match, Jake Paul emerged victorious over the legendary Mike Tyson. The fight, held at AT&T Stadium in Texas, saw Paul win by unanimous decision after eight rounds of two-minute bouts. The judges scored the fight 80-72, 79-73, and 79-73 in favor of Paul.

Tyson, now 58 years old and having not competed professionally in 19 years, struggled to keep up with the younger and more athletic Paul. The bout was characterized by Tyson’s sluggish performance, landing only 18 punches compared to Paul’s 78. Despite receiving a hero’s welcome, Tyson’s performance left fans disappointed, with many booing as the fight concluded.

Paul, a 27-year-old YouTuber-turned-boxer, managed to keep Tyson at bay with effective jabs and accurate punches. The fight, streamed on Netflix, drew significant attention but failed to deliver the excitement many had hoped for. Post-fight, Tyson hinted at a possible future bout with Paul’s brother, Logan, despite the lackluster showing.

This victory marks Paul’s 11th professional win, further solidifying his controversial presence in the boxing world.


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