TFSA Contribution Limits Canada
Know your room. Maximize your growth.
Understanding Your TFSA Contribution Room
The annual TFSA contribution limit is set by the federal government and is indexed to inflation in $500 increments. For 2026, the annual limit is $7,000. If you have been eligible since the TFSA was introduced in 2009 and have never contributed, your total cumulative room could be as high as $102,000.
Tracking your contribution room carefully is essential to avoid the 1% per month over-contribution penalty. You can check your available room by logging into your CRA My Account.
TFSA Annual Contribution Limits by Year
| Year | Annual Limit | Cumulative Total |
|---|---|---|
| 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 |
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Maximize Your TFSA Contribution Room
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