TFSA Limit for 2026 = $7000 again (updated on canada.ca)

For some reason the Government already updated the contribution for 2026 which is $7000 on https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account/contributions.html

Generally, one would wait until all the numbers have been released to be able to calculate the official indexation factor and new indexed limit. But, CPI is unlikely to be different enough in SEPT to raise it over the indexed limit of 7250 to be able to round up to the nearest 500 of 7500.

Without the CPI numbers for Sept 2025 being released (they won't come out until around Oct 15th), and only going off 11 months instead of 12, it's likely that the Indexation Factor is going to be 2.0% which is going to increase the indexed TFSA limit to 7185 which will round down to be $7000 for 2026 again.

Here is the full historical table.

^(*10k was a 1 time increase in 2015)

The indexation factor could be lower or higher than 2.0%, but, it is on track to be 2.0%. If Sept CPI did drop significantly it wouldn't increase the limit. And the CPI for Sept 2025 would have to go up to 183.4 being about 12% YoY increase in order for the indexed limit to hit $7255.

With 2026s indexed TFSA limit being 7185, it will only take an indexation factor of 1.0% for it to increase above 7250 for 2027s TFSA to be $7500