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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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NORAD Santa Tracker 2024: Follow Santa's Epic Journey Around the World


Every Christmas Eve, families around the globe eagerly await the annual NORAD Santa Tracker. This year is no different, as NORAD (North American Aerospace Defense Command) once again invites everyone to follow Santa Claus and his team of reindeer on their magical journey delivering presents to children worldwide.

Starting at 6 a.m. EST on December 24, 2024, NORAD's radar system, along with satellites equipped with infrared sensors, will track Santa's sleigh as it whizzes across the globe. The tradition began in 1955 by accident when a child called the Continental Air Defense Command Operations Center instead of Santa Claus, and it has since become a beloved holiday tradition.

To keep up with Santa's progress, you can visit the NORAD Tracks Santa website, use the NORAD Tracks Santa app, or even call the NORAD call center at 1-877-HI-NORAD (1-877-446-6723). The website offers a countdown clock, games, videos, and a live broadcast from the North Pole, making it a fun and interactive way for children and adults alike to join in the festivities.

As Santa embarks on his whistlestop tour, delivering presents to 2.4 billion children in just 24 hours, NORAD's fighter jets will also be on hand to escort him into North America. It's a heartwarming tradition that brings joy and excitement to millions of families each year.

So, grab your hot cocoa, gather around the computer, and join NORAD in tracking Santa's incredible journey around the world this Christmas Eve!




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