Savings2 min read · Updated October 21, 2026
TFSA, RRSP and FHSA limits for 2026
The 2026 contribution limits for the TFSA, RRSP and FHSA, how they work, and what each is best for.
The three accounts
| TFSA | $7,000 a year. Growth and withdrawals are tax-free. |
| RRSP | 18% of earned income, max $33,810. Refund now, taxed on withdrawal. |
| FHSA | $8,000 a year, $40,000 lifetime. Refund now and tax-free for a first home. |
If you are new to Canada
TFSA room starts to build once you are a resident. Check your status with CRA before you contribute, since over-contributing is penalised.
Common questions
What is the TFSA limit in 2026?
$7,000, plus unused room.
What is the RRSP limit in 2026?
18% of last year's earned income, up to $33,810.