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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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China's Strategic Outreach Amid Escalating Tariff Wars

As the United States, under President Donald Trump, intensifies its tariff policies, China has embarked on a diplomatic campaign to rally international support. Facing heightened tariffs on Chinese imports, Beijing has retaliated with its own measures, sparking a trade war that has disrupted global markets. 

China's strategy has focused on strengthening ties with Europe and Southeast Asia. Premier Li Qiang's discussions with European Commission President Ursula von der Leyen and Commerce Minister Wang Wentao's engagement with ASEAN nations highlight China's efforts to counteract the economic strain. Despite these initiatives, not all nations are eager to align with China, reflecting the complexities of global trade dynamics.

This unfolding scenario underscores the intricate interplay of economic policies and international relations, with far-reaching implications for global stability and cooperation.

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