TFSA contribution room · 2026
How much can you put in your TFSA this year?
Your room depends on when you turned 18, what you've already contributed, and what you've taken out. Enter those four numbers and we'll do the arithmetic.
An estimate. Your official figure is in CRA My Account.
The guides
The rules that matter, in plain English2026 TFSA limit
The $7,000 limit, the $109,000 total, every year since 2009, and what to expect for 2027.
02Withdrawal rules
Why money you take out doesn't come back as room until January, and the mistake that costs people penalties.
03Over-contributing
How the 1% monthly tax works, how to fix an excess quickly, and when the CRA may waive it.
04TFSA vs RRSP
Which account to use first, based on your income now and what you expect in retirement.
How TFSA room works
Every Canadian resident with a valid social insurance number gets new TFSA room on January 1 of each year from the year they turn 18. You don't need to open an account or file a tax return to build it. Unused room never expires, it simply carries forward.
Your available room at any point is: all the annual limits since you became eligible, minus everything you've contributed, plus anything you withdrew in previous calendar years. Investment growth doesn't affect your room either way.
What is the TFSA limit for 2026?
$7,000. Someone who has been eligible since 2009 and never contributed has $109,000 of total room in 2026.
Where do I find my exact TFSA room?
In CRA My Account, under the TFSA section, or by calling the CRA. The CRA's figure is based on information from your financial institutions and may not include very recent transactions.
Do I lose TFSA room if I don't use it?
No. Unused room carries forward indefinitely.
Does growth in my TFSA use up room?
No. Only contributions use room. If your investments grow from $10,000 to $15,000, you haven't used any extra room, and withdrawing the full $15,000 adds $15,000 of room back the next year.