CRA locks in the 2026 TFSA limit at C$7,000 — and warns your room number may be wrong for months
The Canada Revenue Agency set the 2026 TFSA contribution limit at C$7,000 and warned that 2025 records won’t be updated until April. Early deposits may risk over-contribution penalties if savers miscalculate their available room. Investors are favoring low-cost funds and dividend stocks such as Fortis and Bank of Montreal, both offering yields above 3%.