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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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Tragedy Unfolds: North Korea Executes 30 Teens for Watching South Korean Dramas

In a chilling turn of events, North Korea has reportedly executed around 30 middle school students for the grave offense of watching South Korean dramas. According to reports from South Korean news outlets Chosun TV and Korea JoongAng Daily, these teenagers were publicly shot last week. Their crime? Viewing shows that were stored on USBs, which had been floated over the border by North Korean defectors.

The situation sheds light on North Korea’s harsh penalties for consuming South Korean media. Under the so-called “evil” laws, disseminating media originating from South Korea, the US, or Japan is strictly forbidden. The Reactionary Ideology and Culture Rejection Act, one of these laws, imposes severe consequences for such actions. While the report remains unverified, experts believe that, given the regime’s intensified crackdown on information from the outside world, these executions are plausible.

This isn’t the first instance of North Koreans facing dire consequences for their association with content from their southern neighbor. In the past, individuals have been killed for selling digital content from South Korea or even wearing white wedding dresses, deemed “reactionary.” Despite eyewitness accounts, the North Korean government denies public executions, but the reality remains grim.

The tragic fate of these teenagers serves as a stark reminder of the ongoing tensions between North and South Korea, a conflict that technically persists since the 1950s. As the world watches, we’re left questioning the price of curiosity and the lengths to which oppressive regimes will go to maintain control. 

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