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Free tool · 2026 data

TFSA contribution
room 2026

How much can you still put into your TFSA this year? The cumulative total reaches $109,000 for anyone who was 18 in 2009 and has never contributed. Move the sliders for your own case.

Room starts accruing the year you turn 18, and no earlier than 2009.
A withdrawal is added back to your room on January 1 of the following year, never the same year.
Room available in 2026
—
Accumulated since 2009
—
2026 annual limit
$7,000

Estimate based on the published annual limits since 2009, assuming continuous Canadian residency. Your official figure is in CRA My Account.

Exclusive Ready to use your room? Code LOIO3A gets you $35 total: a $25 bonus + $10 by Interac e-Transfer (after the claim form). See the offer + form →
Methodology

How your TFSA room
is calculated

Room accrues every year starting the year you turn 18, and never earlier than 2009, the year the TFSA was created. You don't need to have opened an account or filed a return: room accumulates automatically as long as you're a Canadian resident.

The annual limits have varied: $5,000 from 2009 to 2012, $5,500 in 2013-2014, $10,000 in 2015, $5,500 from 2016 to 2018, $6,000 from 2019 to 2022, $6,500 in 2023, then $7,000 from 2024 through 2026. For anyone eligible since 2009, that's a cumulative $109,000 in 2026.

From that total, subtract everything you've already contributed, then add back withdrawals made in previous years, that's the TFSA's quirk: a withdrawal gives you the room back, but only on January 1 of the following year.

Pitfalls

The three most
common mistakes

Re-contributing a withdrawal in the same year. The most common error, and the most expensive. You withdraw $10,000 in March and put it back in June: if you had no unused room, you're over-contributed and the CRA charges 1% per month on the excess.

Forgetting non-resident years. Room doesn't accrue for years you weren't a Canadian resident for tax purposes. This calculator assumes continuous residency.

Trusting a stale number. The figure shown in CRA My Account doesn't include the current year's contributions until your institution reports them, often weeks later. Keep your own record.

FAQ

Common questions


The 2026 annual limit is $7,000, unchanged since 2024. For someone eligible since 2009 who has never contributed, cumulative room reaches $109,000.
Log in to CRA My Account: the amount is shown as of January 1 of the current year. Note that it won't reflect your recent contributions, add those yourself.
The CRA charges a penalty of 1% per month on the highest excess amount for that month, for as long as the excess stays in the account. Withdraw the surplus quickly to stop the clock.
No. The amount withdrawn is added back to your room only on January 1 of the following year. Re-contributing in the same year without unused room triggers the penalty.
No. Growth inside the account (interest, dividends, capital gains) uses no contribution room and is never taxed. Only your deposits count.
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