Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Sheet Pan Lemon Garlic Salmon and Asparagus




Ingredients:

  • 1 pound salmon fillet
  • 1 pound asparagus, trimmed
  • 2 tablespoons olive oil
  • 1 tablespoon minced garlic
  • 1 tablespoon lemon juice
  • 1 teaspoon lemon zest
  • Salt and pepper to taste

Instructions:

  1. Preheat the oven to 400°F.
  2. Line a baking sheet with parchment paper.
  3. Place the salmon fillet in the center of the baking sheet.
  4. Arrange the asparagus around the salmon.
  5. In a small bowl, whisk together the olive oil, garlic, lemon juice, lemon zest, salt, and pepper.
  6. Drizzle the mixture over the salmon and asparagus.
  7. Bake for 12-15 minutes, or until the salmon is cooked through and the asparagus is tender.
  8. Serve hot and enjoy!

I hope you find this recipe helpful. Bon appétit! 

Labels:

Comments

Post a Comment