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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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UN Slashes 2026 Aid Appeal Amid Rising Global Crises

 

FILE PHOTO: A Palestinian girl gestures as she waits to receive food from a charity kitchen, amid a hunger crisis, in Khan Younis, southern Gaza Strip.


The United Nations has announced a sharp reduction in its humanitarian aid appeal for 2026, despite acknowledging that global needs are at an all-time high. The organization is seeking $23 billion, roughly half of what it had hoped for, after donor funding plunged to its lowest level in a decade.

According to UN officials, this cutback means tens of millions of vulnerable people will be left without assistance, as the agency is forced to prioritize only the most desperate cases. The appeal is part of the Global Humanitarian Overview 2026, which originally aimed to reach 135 million people across 50 countries. However, with reduced funding, the UN now expects to provide lifesaving support to just 87 million.

UN aid chief Tom Fletcher described the situation as one of “brutal choices,” noting that humanitarian agencies are overstretched, underfunded, and increasingly under attack in conflict zones. The funding crisis comes at a time when wars, climate disasters, epidemics, and food shortages are intensifying worldwide. In Sudan, for example, the world’s largest displacement crisis continues, while Gaza and Syria face worsening hunger and health emergencies.

The shortfall reflects a broader decline in donor contributions, particularly from Western governments, which provided only $15 billion in 2025, the lowest in ten years. Aid workers warn that the cuts will exacerbate already dire conditions, leaving millions without food, healthcare, or protection.

The UN’s reduced appeal underscores the growing gap between humanitarian needs and available resources. As Fletcher put it, the agency must now focus “life by life,” delivering aid where survival is most at risk.


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