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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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Kamala Harris Brings Humor to SNL, Urges Calm Before Election

 

In a surprise appearance on “Saturday Night Live” (SNL), Vice President Kamala Harris joined the show’s cold open just days before the U.S. presidential election. Harris, who is running for president, appeared alongside Maya Rudolph, who has famously impersonated her on the show.

During the segment, Harris and Rudolph engaged in a humorous exchange, playing off Harris’s name with phrases like "keep Calm-ala and carry on-ala". The appearance aimed to inject some levity into the tense pre-election atmosphere, encouraging viewers to stay calm and focused.

Harris’s participation in SNL marks a strategic move to connect with a broader audience and lighten the mood as the election approaches. Her message was clear: amidst the political drama, it’s important to stay composed and positive.


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