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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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A Historic Moment: The Philippines Awaits a Possible Filipino Pope

As the papal conclave unfolds in Vatican City, the Philippines is watching with keen anticipation. With three Filipino cardinals—Luis Antonio Tagle, Jose Advincula, and Pablo Virgilio David—eligible to vote and be voted for, the possibility of a Filipino pope has never been more tangible.

Among the contenders, Cardinal Luis Antonio Tagle has emerged as a strong candidate. Often referred to as the "Asian Francis," Tagle has won admiration for his progressive approach and humble demeanor. His potential election would mark a historic moment, making him the first Filipino and Asian pope.

The conclave, a centuries-old tradition, remains shrouded in secrecy. Cardinals cast their votes in the Sistine Chapel, with black smoke signaling an inconclusive vote and white smoke announcing the election of a new pontiff. As the world waits, Filipinos are hopeful that one of their own may soon lead the Catholic Church.


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