The Tax-Free Savings Account (TFSA) lets Canadians grow their money completely tax-free. Every year the Canada Revenue Agency (CRA) adds new contribution room - $7,000 for 2026 - and any unused room from prior years carries forward automatically. If you have been eligible since the program launched in 2009 and have never contributed, your total available room could be as high as $109,000. This free calculator works out your exact TFSA contribution room based on the year you turned 18 and the year you became a Canadian resident for tax purposes. Simply enter those two details and the tool instantly sums every eligible annual limit from 2009 through 2026. Use the result to plan how much you can deposit today without triggering the 1% per-month CRA over-contribution penalty. You can hold cash, GICs, stocks, bonds, and ETFs inside your TFSA - making it one of the most flexible savings vehicles available to Canadians. Bookmark this page and revisit each January when CRA announces the new annual limit.