The TFSA contribution limit for 2026 is $7,000, the same as in 2024 and 2025. Anyone who was 18 or older and living in Canada in 2009, and who has never contributed, has $109,000 of total contribution room in 2026.
Key numbers for 2026
- Annual limit: $7,000, added on January 1, 2026
- Maximum cumulative room: $109,000, for those eligible since 2009
- Room starts: the year you turn 18, as a resident with a SIN
- 2027 limit: not yet announced; the CRA usually confirms it in late November
Every annual TFSA limit since 2009
| Year | Annual limit | Cumulative since 2009 |
|---|---|---|
| 2009 | $5,000 | $5,000 |
| 2010 | $5,000 | $10,000 |
| 2011 | $5,000 | $15,000 |
| 2012 | $5,000 | $20,000 |
| 2013 | $5,500 | $25,500 |
| 2014 | $5,500 | $31,000 |
| 2015 | $10,000 | $41,000 |
| 2016 | $5,500 | $46,500 |
| 2017 | $5,500 | $52,000 |
| 2018 | $5,500 | $57,500 |
| 2019 | $6,000 | $63,500 |
| 2020 | $6,000 | $69,500 |
| 2021 | $6,000 | $75,500 |
| 2022 | $6,000 | $81,500 |
| 2023 | $6,500 | $88,000 |
| 2024 | $7,000 | $95,000 |
| 2025 | $7,000 | $102,000 |
| 2026 | $7,000 | $109,000 |
The one-off $10,000 limit in 2015 was a policy change that was reversed for 2016, when the limit went back to an inflation-indexed amount.
Total room by birth year
If you've lived in Canada since turning 18 and never contributed, your total 2026 room depends on the year you turned 18:
| Born in | Turned 18 in | Total room in 2026 |
|---|---|---|
| 1991 or earlier | 2009 or earlier | $109,000 |
| 1992 | 2010 | $104,000 |
| 1993 | 2011 | $99,000 |
| 1994 | 2012 | $94,000 |
| 1995 | 2013 | $89,000 |
| 1996 | 2014 | $83,500 |
| 1997 | 2015 | $78,000 |
| 1998 | 2016 | $68,000 |
| 1999 | 2017 | $62,500 |
| 2000 | 2018 | $57,000 |
| 2001 | 2019 | $51,500 |
| 2002 | 2020 | $45,500 |
| 2003 | 2021 | $39,500 |
| 2004 | 2022 | $33,500 |
| 2005 | 2023 | $27,500 |
| 2006 | 2024 | $21,000 |
| 2007 | 2025 | $14,000 |
| 2008 | 2026 | $7,000 |
Newcomers to Canada only accumulate room from the year they became a resident (and were at least 18). Use the room calculator to factor in your own contributions and withdrawals.
How the limit is set
The TFSA dollar limit is indexed to inflation and rounded to the nearest $500. The government calculates an unrounded figure each year, and the published limit only moves when that figure crosses a $250 midpoint. That's why the limit stays flat for several years, then steps up by $500.
What about 2027?
The 2027 limit hadn't been announced at the time of writing. The CRA usually confirms the next year's figure in late November or on December 1. Many analysts expect an increase to $7,500 based on recent inflation, but treat that as a projection until it's official.
Who builds TFSA room
- You're 18 or older (room starts in the calendar year you turn 18, even if your birthday is in December)
- You're a resident of Canada for the year
- You have a valid social insurance number
In provinces where the age of majority is 19, you still build room from 18, but you may not be able to open an account until 19. The room isn't lost; it carries forward.
Frequently asked questions
What is the TFSA limit for 2026?
$7,000. Combined with all previous years' limits, the maximum possible room in 2026 is $109,000.
Is the TFSA limit per person or per account?
Per person. Your limit is shared across every TFSA you hold at every institution.
Can I contribute my 2027 room in December 2026?
No. New room is added on January 1. Contributing it early creates an over-contribution for the rest of the year.
Does TFSA room carry forward if I don't use it?
Yes, indefinitely. There's no cap on carry-forward, unlike the FHSA.
Sources
- Canada Revenue Agency, Calculate your TFSA contribution room
- Canada Revenue Agency, MP, DB, RRSP, DPSP, ALDA, TFSA limits and YMPE