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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Finland Tops Happiness Rankings Again, While U.S. Faces Record Low

For the eighth consecutive year, Finland has been crowned the happiest country in the world, according to the 2025 World Happiness Report. The Nordic nation continues to lead the rankings, followed by Denmark, Iceland, and Sweden, which also secured top spots. The report, published by the Wellbeing Research Centre at the University of Oxford in collaboration with Gallup, evaluates countries based on factors such as social support, life expectancy, freedom, and generosity.

Finland's success is attributed to its strong social trust, robust public services, and a culture that values connection and well-being. Simple lifestyle elements, like sharing meals and having someone to rely on, play a significant role in fostering happiness.

Meanwhile, the United States has dropped to its lowest-ever position, ranking 24th. This decline is linked to increasing social isolation, with a notable rise in the number of people dining alone. Experts also point to growing political polarization and a sense of disconnection as contributing factors.

The report highlights that happiness is not solely tied to wealth but also to trust, community, and kindness. As Finland continues to set an example, the findings serve as a reminder of the importance of investing in social bonds and collective well-being.

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