Start 2026 Strong with Tax-Free Savings

As we step into 2026, your Tax-Free Savings Account (TFSA) continues to remain one of the most flexible ways to grow your money. Whether you’re building an emergency fund, planning a home upgrade, or saving for your next getaway, every dollar you earn and withdraw, is completely tax-free.

New year, new limit
Each year on January 1st, the Canada Revenue Agency (CRA) awards you an additional contribution room. For 2026, the annual TFSA contribution limit is $7,000.

Not sure how much you can contribute?
The maximum amount you can contribute is determined by your TFSA contribution room, which you can view by logging into your CRA account.

Here’s why it’s worth considering:  

• Maximize savings: Our experience shows that many people overestimate the amount of cash they need on hand, as a result of which money is often left in low-interest bank accounts instead of being put to work more effectively inside a TFSA.
• Keep more of your earnings: Within the TFSA, dividends and capital gains are yours to keep; no tax.
• Enjoy total flexibility: Withdraw your funds anytime, tax-free. Plus, withdrawals are added back to your contribution room the following year.

Ready to Contribute or Open a TFSA?
It’s simple! You can transfer funds directly from your bank account to your existing TFSA.

Our certified CAPCORP advisors can help with the management and design of your TFSA account. If you currently have a TFSA account at another institution, it can be transferred and managed by your CAPCORP advisor.

If you would like to discuss TFSA accounts or other investment accounts further, please contact your CAPCORP financial advisor or reach out to info@capcorp.ca more information.