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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Tragedy in Ticonderoga: Montreal Girl’s Death Ruled Homicide by Drowning

 


A nine-year-old girl from Montreal, Melina Frattolin, was found dead in a shallow pond in Ticonderoga, New York, over the weekend. Preliminary autopsy results released by New York State Police confirm that Melina died from asphyxia due to drowning, and her death has been ruled a homicide.

Her father, 45-year-old Luciano Frattolin, has been charged with second-degree murder and concealment of a human corpse. Authorities say Frattolin initially reported his daughter missing late Saturday night, claiming she had been abducted by strangers in a white van. However, investigators later determined that the abduction story was fabricated.

Melina and her father had entered the U.S. on July 11 for a vacation, and were expected to return to Montreal on Sunday. Surveillance footage and phone records show Melina spoke with her mother Saturday evening and appeared to be in good spirits. Her body was discovered the next day under a log in a pond near Route 74.

The case has deeply affected the community of Ticonderoga, where a vigil was held to honor Melina’s life. Residents gathered at Percy Thompson Centennial Park to light candles, share prayers, and express their grief. Organizer Bridgette Cruz said, “She was supposed to be taken care of… It truly is a tragedy, not just for this town but two nations”.

Police are continuing their investigation and have asked the public for help, specifically seeking information about the 2024 gray Toyota Prius Frattolin was driving on Saturday evening between exits 28 and 20 on Interstate 87.

Frattolin has pleaded not guilty and is scheduled to appear in court again on Friday.

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