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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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TikTok Goes Dark for US Users Amid National Security Concerns

 

TikTok, the viral social media platform, has officially gone dark for its 170 million American users. This unprecedented shutdown follows a law enacted by Congress, which mandates the app's ban unless its Chinese parent company, ByteDance, divests its shares. The app's sudden inaccessibility has left millions of users in the lurch, with a message stating, "Sorry, TikTok isn't available right now".

The shutdown comes just before President-elect Donald Trump's inauguration. Trump has indicated that he will work on a solution to reinstate TikTok once he takes office, potentially granting a 90-day extension to finalize an agreement. This intervention could provide a temporary reprieve for the app, which has been at the center of national security debates due to its Chinese ownership.

TikTok's fate now hangs in the balance, with users and creators eagerly awaiting further developments. The platform's shutdown marks a significant moment in the ongoing tension between the U.S. and China over data privacy and national security concerns.

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