It’s almost that time of year again. The Tax-Free Savings Account (TFSA) contribution limit for 2026 is $7,000. This means that the cumulative contribution room is now up to $109,000 depending on when ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

The TFSA contribution limit for 2026 is $7,000. If you contribute more than this annual ceiling to your tax-free savings account, you must pay a penalty until you withdraw the surplus amount. Many or ...

The TFSA dollar limit will be $7,000 in 2026, matching the limit of the past two years, as shown on the Government of Canada website. That means the total contribution room available next year for ...

All Canadians who turn 18 or older in 2025 get an extra $7,000 worth of Tax-Free Savings Account (TFSA) contribution room ...

The First Home Savings Account gives Canadians a powerful way to save for their first home while enjoying tax benefits.

Clients often think of the new year as a time to review tax and investment strategies for their registered plans. However, some tax-saving opportunities may be missed if they don’t act before Dec. 31.

• The 2026 TFSA contribution limit is $7,000, bringing cumulative contribution room to $109,000, and investors should maximize contributions while focusing on dividend stocks and high-yield ...