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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...

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Public Outcry in Israel: Calls for Elections and Hostage Release Deals

 


In a powerful display of public sentiment, thousands of individuals took to the streets of Tel Aviv on Saturday, voicing their dissatisfaction with Prime Minister Benjamin Netanyahu’s administration. The protesters’ demands were twofold: the immediate initiation of new elections and the urgent negotiation of a hostage release deal for those being held in Gaza.

The atmosphere of frustration is palpable among many Israelis, who are critical of the government’s handling of the conflict with Hamas. The protests underscore a growing impatience with the current leadership and a desire for change, as evidenced by the repeated calls for new elections.

The situation is particularly tense due to the ongoing negotiations concerning the release of dozens of hostages. The public’s demand for a swift and effective resolution to this crisis reflects the high stakes involved and the importance of the issue to the Israeli populace.

As the situation unfolds, the world watches to see how the Israeli government will respond to these pressing demands from its citizens.

 

 

 

 

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