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Stock impact report

What is the TFSA Contribution Limit for 2026 [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
With the new year upon us, the Canada Revenue Agency (CRA) has refreshed the Tax-Free Savings Account (TFSA) contribution limit. You can invest $7,000 in your TFSA in 2026. Moreover, if you made any withdrawals in 2025, that will also be added to your TFSA contribution room for 2026. Your TFSA contribution limit and contribution room for 2026 There is a difference between the two. TFSA contribution limit for 2026 is the same, $7,000, for every Canadian above 19 years of age. However, the TFSA contribution room depends on how you have used your account. Once you turn 19, you become eligible for a TFSA, and your contribution room starts accumulating even if you have not opened a TFSA account. Those who turned 19 in 2009 and never invested in a TFSA accumulated a contribution room of $109,000 in 17 years. As per Statistics Canada , Canadians in the 30–34 age group had an average unused TFSA contribution room of $59,110 in the 2022 tax year, when their cumulative contribution roo Show less Read more
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