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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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April 5: A Day of Resistance Against Trump and Musk

As tensions rise over controversial policies and decisions by former President Donald Trump and billionaire Elon Musk, a wave of protests is set to sweep across the globe on April 5. Organizers are calling this the largest single day of demonstrations since Trump’s second term began. With over 600 events planned in cities across the United States and internationally, the protests aim to challenge what activists describe as an authoritarian power grab threatening democracy and essential social programs.

In Washington, D.C., thousands are expected to gather at the National Mall for a massive rally, while similar events will take place in cities like Los Angeles, Buffalo, and London. The movement, fueled by growing frustration with the administration's agenda, seeks to defend civil rights, public education, and healthcare against proposed cuts.

The protests also target Musk’s leadership of the Department of Government Efficiency (DOGE), accusing him of pushing extreme measures to slash federal spending and workforce. Demonstrators have organized "Tesla Takedown" rallies at Tesla dealerships nationwide, condemning Musk’s influence in reshaping government policies.

April 5 promises to be a defining moment in the fight for democracy and justice, as citizens unite to voice their opposition to policies they believe undermine the fabric of society.

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