Rates and deadlines
TFSA Contribution Limit for 2026
$7,000of new TFSA room for 2026. Someone eligible since 2009 who has never contributed has $109,000 available.
Sources checked October 20263 min read
Every annual limit
Room starts the year you turn 18 and are resident in Canada, and each year's limit is added to it whether or not you have an account. The limits have changed several times since the account began in 2009.
| Years | Annual limit |
|---|---|
| 2009 to 2012 | $5,000 |
| 2013 to 2014 | $5,500 |
| 2015 | $10,000 |
| 2016 to 2018 | $5,500 |
| 2019 to 2022 | $6,000 |
| 2023 | $6,500 |
| 2024 to 2026 | $7,000 |
Key points
- $7,000 of new room for 2026
- $109,000 in total for someone eligible every year since 2009
- Unused room carries forward without limit
- Withdrawals are added back to your room the following January
How room carries forward
Room you do not use is not lost; it simply waits. Money you take out is added back to your room on January 1 of the next year, not straight away, so taking money out and putting it back in the same year can create an over contribution.
An over contribution is taxed at one percent a month on the highest excess in that month until it is removed, which makes the CRA's record of your room, in your CRA account, worth checking before a large deposit.
For business owners
Money paid out of a corporation as salary or dividends and then saved in a TFSA grows tax free from that point. Whether that beats leaving the money in the company depends on the owner's tax rate and plans for it, which is part of the same pay mix decision as salary or dividends.
Quick answers
What is the TFSA limit for 2026?
$7,000.
What is the total TFSA room since 2009?
$109,000 for someone who was 18 or older and resident in Canada in 2009 and has never contributed.
If I withdraw money, can I put it back this year?
Only if you have other unused room. The amount withdrawn is added back to your room on January 1 of the following year.
Official sources
Call or email and we will tell you which records we need and what the work costs, in writing, before anything starts.
Important. This article provides general educational information, not legal or tax advice for a specific business. Rules, administrative policies, rates and deadlines can change. Confirm your facts and current obligations with the responsible government agency and a qualified adviser.