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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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Macron's Urgent Search for New Prime Minister Amid Government Resignation

French President Emmanuel Macron is urgently seeking a new prime minister following the resignation of Michel Barnier, who stepped down after a historic no-confidence vote in parliament. Barnier's government, which lasted only three months, was toppled due to his controversial 2025 budget plan that included austerity measures. This political upheaval has left France in a state of uncertainty, with Macron aiming to appoint a successor swiftly to stabilize the situation.

The no-confidence vote, supported by both far-right and left-wing lawmakers, marks the first successful ousting of a French prime minister since 1962. Macron's challenge now is to find a candidate who can navigate the deeply divided parliament and address the pressing issues facing the nation. The president is expected to announce his decision soon, as he prepares to host world leaders for the reopening of Notre-Dame Cathedral.



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