Canada’s 2026 TFSA limit is $7,000 as tax brackets rise: key CRA dates ahead
Canada’s federal income tax brackets for 2026 will rise 2% with inflation, and the lowest rate will be 14%, according to CRA payroll tables. The TFSA annual limit remains C$7,000, with new room added Jan. 1. The RRSP contribution deadline for the 2025 tax year is March 2, 2026, and the tax filing deadline is April 30, 2026, for most individuals. Overcontributions to a TFSA incur a 1% monthly penalty.
