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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 One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year .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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Cancer Prevention and Risk Reduction: A Comprehensive Guide

Cancer is a disease that affects millions of people worldwide. While there is no guaranteed way to prevent cancer, there are several steps you can take to reduce your risk of developing it. According to the Canadian Cancer Society, about 4 in 10 cancer cases can be prevented through healthy living and policies that protect the health of Canadians. Here are some tips to help you reduce your risk of cancer:

  1. Live smoke-free: The single most important thing you can do to reduce your risk of cancer is to live smoke-free.
  2. Eat well: Eating well is an important part of reducing your cancer risk. A healthy diet should include plenty of fruits, vegetables, and whole grains.
  3. Maintain a healthy body weight: Besides living smoke-free, having a healthy body weight is one of the best things you can do to reduce cancer risk.
  4. Move more, sit less: Not enough physical activity and too much sitting increases your cancer risk. Aim for 30 minutes of activity every day and take frequent, short breaks from sitting.
  5. Limit alcohol: Drinking any type or amount of alcohol increases your risk of developing cancer. The less alcohol you drink, the lower your cancer risk.

In addition to these tips, the Mayo Clinic recommends avoiding tobacco, protecting your skin from the sun, and checking your family history for cancer diagnoses. It’s important to note that while these tips can help reduce your risk of cancer, they are not a guarantee against the disease. If you have concerns about your cancer risk, talk to your doctor.


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