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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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Trump vs. Harris: A Political Showdown Set for Fox News on September 4th

 


In a surprising turn of events, former President Donald Trump has announced that he will engage in a debate with Vice President Kamala Harris on Fox News, slated for September 4th. This announcement comes amid a whirlwind of political activity following President Joe Biden's withdrawal from the presidential race. 

While the Harris campaign has not confirmed the event, Trump's declaration has stirred up a media frenzy, as it would mark the first direct confrontation between the two since Biden's departure from the campaign trail. 

The proposed debate is expected to cover a wide range of topics, with a particular focus on domestic issues that have polarized the nation. As the date approaches, all eyes will be on these two political heavyweights as they prepare to spar on the national stage.



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