2026 Canadian Money Numbers.
Every limit and rule worth knowing this year, on one page. Print it, save it as a PDF, or stick it on the fridge.
Saving
| Account | 2026 figure | What it means |
|---|---|---|
| TFSA, yearly limit | $7,000 | New room added on January 1. Withdrawals are added back the following year. |
| TFSA, total room | $109,000 | If you’ve been eligible since 2009 and never contributed. |
| RRSP limit | 18%, max $33,810 | 18% of last year’s earned income, up to $33,810, plus any unused room. |
| RRSP to RRIF | By Dec 31 at 71 | By the end of the year you turn 71, an RRSP must become a RRIF or an annuity. |
| FHSA | $8,000 / $40,000 | $8,000 a year, $40,000 lifetime, for first-time home buyers. |
Children’s education
| Program | 2026 figure | What it means |
|---|---|---|
| RESP grant (CESG) | $500 a year | 20% on the first $2,500 you contribute each year, per child. |
| RESP grant, lifetime | $7,200 | The most grant one child can receive. |
| Canada Learning Bond | Up to $2,000 | For eligible lower-income families, with no contribution needed. |
Retirement
| Rule | 2026 figure | What it means |
|---|---|---|
| CPP before 65 | −0.6% a month | Starting at 60 means 36% less, for life. |
| CPP after 65 | +0.7% a month | Waiting until 70 means 42% more, for life. |
| OAS deferral | +0.6% a month | For each month you delay OAS after 65, up to 70. |
Estates & final costs (Ontario)
| Item | 2026 figure | What it means |
|---|---|---|
| Estate Administration Tax | $0 on first $50,000 | Then $15 for every $1,000 above that, about 1.5%. |
| Traditional funeral & burial | $9,000–$15,000 | An example range across Ontario. |
| The same, in the GTA | $14,500–$20,000 | Toronto and area prices run higher. |
| Simple cremation | $1,500–$4,000 | With no service. |
Sources: CRA and Service Canada 2026 program limits; Ontario Estate Administration Tax rates; example ranges from Ontario funeral pricing guides (prices vary greatly by provider and services). Figures are checked each January. General information only, not tax, legal or investment advice.
ClearestFinances · clearestfinances.com · franklyn.marshall@agc.ia.ca. Franklyn Marshall, Licensed Advisor in Ontario (FSRA #22207349), contracted with iA Financial Group.
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