Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Man climbs London’s Big Ben tower waving Palestinian flag


In a striking act of protest, a man climbed the iconic Elizabeth Tower, commonly known as Big Ben, at the Palace of Westminster in London early Saturday morning. Waving a Palestinian flag and reportedly shouting "Free Palestine," the barefoot man drew the attention of onlookers and emergency services alike.

The Metropolitan Police were alerted to the incident at 7:24 AM and quickly arrived at the scene, accompanied by the London Fire Brigade and Ambulance Service. Emergency crews used an aerial ladder platform to communicate with the man and work toward a safe resolution. Westminster Bridge and nearby streets were temporarily closed, causing significant traffic disruptions.

Authorities have not yet disclosed the man's identity or motives, but the protest has sparked conversations about the ongoing Israeli-Palestinian conflict. The incident highlights the lengths to which individuals will go to draw attention to political causes. Tours of the Parliamentary Estate were canceled for the day as a precautionary measure.

The situation remains under investigation as officials work to understand the full context of the protest.

Labels:

Comments

Post a Comment