2026 TFSA Contribution Limit
The TFSA contribution limit for 2026 is $7,000.
If you were 18 or older in 2009 and have never contributed, your total available TFSA room is $102,000.
TFSA contribution room by year
| Year | Annual Limit | Cumulative Total |
|---|---|---|
| 2026 | $7,000 | $102,000 |
| 2025 | $7,000 | $95,000 |
| 2024 | $7,000 | $88,000 |
| 2023 | $6,500 | $81,000 |
| 2022 | $6,000 | $74,500 |
| 2021 | $6,000 | $68,500 |
| 2020 | $6,000 | $62,500 |
| 2019 | $6,000 | $56,500 |
| 2018 | $5,500 | $50,500 |
| 2017 | $5,500 | $45,000 |
| 2016 | $5,500 | $39,500 |
| 2015 | $10,000 | $34,000 |
| 2014 | $5,500 | $24,000 |
| 2013 | $5,500 | $18,500 |
| 2012 | $5,000 | $13,000 |
| 2011 | $5,000 | $8,000 |
| 2010 | $5,000 | $3,000 |
| 2009 | $5,000 | $5,000 |
How TFSA contribution room works
Your TFSA contribution room accumulates each year starting from 2009 or the year you turned 18 (whichever is later).
Withdrawals add back room: If you withdraw $10,000 from your TFSA in 2025, that $10,000 is added back to your contribution room on January 1, 2026.
Example:
- Total room at start of 2026: $102,000
- You contributed $50,000 over the years
- You withdrew $15,000 in 2025
- Your 2026 room = $102,000 - $50,000 + $15,000 = $67,000
2026 TFSA limit for different ages
| Year You Turned 18 | Your 2026 TFSA Room |
|---|---|
| 2009 or earlier | $102,000 |
| 2010 | $97,000 |
| 2015 | $78,000 |
| 2020 | $46,000 |
| 2025 | $14,000 |
| 2026 | $7,000 |
TFSA contribution deadline
There is no deadline for TFSA contributions β you can contribute anytime during the year. Unlike RRSP contributions, there is no early-year deadline for the previous tax year.
However, if you’re planning to contribute a large amount, doing so early in the year maximizes your tax-free growth.