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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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Celebrating Mother's Day: A Tribute to Love and Sacrifice

Mother’s Day is a time to express gratitude and appreciation for the women who have shaped our lives. Whether they are biological mothers, adoptive parents, or mother figures, their contributions are invaluable.  

The day is celebrated worldwide in different ways, from heartfelt gestures to grand celebrations. Some families gather for special meals, others share gifts or write letters, and many simply spend quality time together. The essence of the day remains the same—to honor the love, sacrifices, and guidance that mothers provide.  

Beyond flowers and cards, Mother's Day serves as a reminder to cherish and respect the women who play the role of nurturers and protectors in our lives. It is a time to acknowledge the strength, resilience, and unconditional love that define motherhood in all its forms.  

So, whether it's a simple “thank you” or an elaborate tribute, make sure to take a moment to celebrate the mothers in your life.  


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