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

Trump’s Controversial Stance on Crimea: A Path to Peace or a Political Gamble?


In a recent interview, U.S. President Donald Trump stated that "Crimea will stay with Russia," sparking intense debate over his approach to ending the war in Ukraine. Trump emphasized that Ukrainian President Volodymyr Zelenskyy and others "understand" this position, citing historical ties and the region's predominantly Russian-speaking population. Crimea, annexed by Russia in 2014, remains a contentious issue in peace negotiations.

Trump has accused Zelenskyy of prolonging the conflict by resisting concessions, including the recognition of Crimea as Russian territory. Meanwhile, Russia continues its aggressive military actions, with recent drone strikes causing civilian casualties in Ukraine. Trump’s administration faces mounting pressure to broker a peace deal, with warnings that U.S. military aid to Ukraine could be at risk if negotiations stall.

Critics argue that Trump's stance undermines Ukraine's sovereignty and sets a dangerous precedent. Supporters, however, view it as a pragmatic step toward ending a devastating war. As the situation unfolds, the world watches to see whether this controversial strategy will lead to peace or further conflict.

Labels:

Comments

Post a Comment