Categories: News

TFSA Contribution Limit for 2016

Under proposed legislation, starting January 1, 2016, the annual TFSA dollar limit for 2016 will decrease from $10,000 to $5,500.00. The TFSA annual room limit will be indexed to inflation and rounded to the nearest $500.

Combined TFSA contribution room from 2009 reaches $46,500

Lazar Wealth

Share
Published by
Lazar Wealth

Recent Posts

July 2026 Market Update

Global events continue to shape the economic outlook, creating new opportunities and risks for investors.…

1 week ago

June 2026 market update

How are inflation, interest rates and global events influencing markets? While global equity markets were…

1 month ago

May 2026 market update

Global markets are climbing but rising inflation, high energy costs, and cautious consumers tell a…

2 months ago

April 2026 market update

Shifting global markets, rising inflation and geopolitical tensions –  learn more about the  forces shaping…

3 months ago

March 2026 market update

Markets faced a shifting backdrop in March, with global tensions and economic data challenging assumptions…

4 months ago

February 2026 market update

February was defined by tensions, tariffs, trade talk and shifting rate paths. See how these…

5 months ago