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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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Alberta Independence Rally Sparks Debate at Legislature

 

Hundreds of Albertans gathered at the Alberta Legislature in Edmonton on Saturday to rally in support of separating from Canada. The demonstration, fueled by frustration over federal policies and the recent Liberal election victory, saw participants waving Alberta flags and even some displaying U.S. flags. 

Premier Danielle Smith’s government recently proposed legislation that would lower the threshold for holding a referendum, making it easier for citizens to push for a vote on secession. While Smith has not explicitly endorsed separation, the move has emboldened those advocating for Alberta’s independence. 

The rally was met with opposition from Indigenous groups, who argued that separation would violate treaty agreements. Piikani Nation Chief Troy Knowlton emphasized that Alberta does not have the authority to interfere with or negate treaties, reinforcing the complexity of the issue. 

As tensions rise, the debate over Alberta’s future within Canada continues to unfold, with both supporters and critics making their voices heard.


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