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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Passover 2025: A Celebration of Resilience Amid Challenges

Passover, known as Pesach in Hebrew, is one of the most widely observed Jewish holidays, commemorating the exodus of the ancient Israelites from slavery in Egypt. This year, Passover begins at sunset on Saturday, April 12, and ends after nightfall on Sunday, April 20. It is a time for family reunions, storytelling, and reflection on themes of freedom and resilience.

However, the celebrations this year are shadowed by ongoing anxieties and divisions within Jewish communities. The unresolved Israel-Hamas conflict continues to weigh heavily, with many Seder tables symbolically leaving empty seats for those lost or held hostage. Additionally, the specter of antisemitism looms large, with reports of increased incidents in various countries, including the United States and Canada. Security advisories have been issued to Jewish organizations, highlighting potential threats during this sacred time.

Despite these challenges, Passover remains a beacon of hope and unity. It serves as a reminder of the resilience and strength of the Jewish people, who have faced adversity throughout history and emerged stronger. This year, as families gather to recount the story of the Exodus, the holiday's message of liberation and perseverance resonates more deeply than ever.



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