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RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
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Battle Against the Flames: Aftermath of the Major Wildfire Near Athens

 

In the wake of a devastating wildfire that swept through the northern fringes of Athens, Greece, authorities and firefighters are grappling with the aftermath. Here’s what we know:

  • The Blaze: The wildfire, which began on Sunday afternoon, quickly escalated due to strong winds and tinder-dry pine forests. These conditions were exacerbated by the scorching summer temperatures, making it an exceptionally dangerous fire.

  • Evacuations: Hospitals, residential suburbs, and even monasteries were evacuated as the flames advanced. A children’s hospital, a military hospital, and a children’s home were among the facilities cleared. Evacuation orders were issued for more than a dozen areas, including Marathon and several Athens suburbs.

  • Emergency Response: Over 670 firefighters, backed by specialized wildfire teams and armed forces personnel, battled the flames. More than 180 vehicles were deployed, along with 30 water-dropping planes and helicopters providing aerial support.

  • Human Impact: Two firefighters sustained minor injuries, and several civilians were treated for smoke inhalation. Police officers heroically carried elderly residents to safety, their efforts captured against a backdrop of a night sky turned red from the flames.

  • Environmental Toll: The fire ravaged pine forests that had already suffered from repeated heat waves during the summer. Greece experienced its hottest June and July ever recorded, following the warmest winter.

As the dust settles, the scars left by this wildfire serve as a stark reminder of the urgent need for climate resilience and effective disaster management. The battle against the flames continues, but the community’s resilience shines through as they come together to rebuild and protect their beloved landscape.


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