The TFSA has existed since 2009, and its annual limit has changed six times. This page is the reference: every year's dollar limit, the running total, and how much room you have accumulated depending on the year you were born. The figures come from the CRA page Before you contribute to a TFSA.
These are the limits the government sets. Your own available room also depends on what you have contributed and withdrawn. To get that number, see how to check your TFSA contribution room, or use the TFSA contribution room calculator.
TFSA dollar limit by year
| Year | Annual limit | Cumulative since 2009 |
|---|---|---|
| 2009 | $5,000 | $5,000 |
| 2010 | $5,000 | $10,000 |
| 2011 | $5,000 | $15,000 |
| 2012 | $5,000 | $20,000 |
| 2013 | $5,500 | $25,500 |
| 2014 | $5,500 | $31,000 |
| 2015 | $10,000 | $41,000 |
| 2016 | $5,500 | $46,500 |
| 2017 | $5,500 | $52,000 |
| 2018 | $5,500 | $57,500 |
| 2019 | $6,000 | $63,500 |
| 2020 | $6,000 | $69,500 |
| 2021 | $6,000 | $75,500 |
| 2022 | $6,000 | $81,500 |
| 2023 | $6,500 | $88,000 |
| 2024 | $7,000 | $95,000 |
| 2025 | $7,000 | $102,000 |
| 2026 | $7,000 | $109,000 |
Two years stand out. 2015 is the only year at $10,000: the federal budget that year raised the limit, and it was brought back to $5,500 from 2016. 2024 to 2026 sit at $7,000, the highest regular limit so far.
Total room by birth year
Your room starts the year you turn 18 (or 2009, if you were already 18 then), as long as you are a resident of Canada. Here is the total room each birth year has accumulated by 2026, before any contribution or withdrawal:
| Born in | Turned 18 in | Total room in 2026 |
|---|---|---|
| 1991 or earlier | 2009 or earlier | $109,000 |
| 1992 | 2010 | $104,000 |
| 1993 | 2011 | $99,000 |
| 1994 | 2012 | $94,000 |
| 1995 | 2013 | $89,000 |
| 1996 | 2014 | $83,500 |
| 1997 | 2015 | $78,000 |
| 1998 | 2016 | $68,000 |
| 1999 | 2017 | $62,500 |
| 2000 | 2018 | $57,000 |
| 2001 | 2019 | $51,500 |
| 2002 | 2020 | $45,500 |
| 2003 | 2021 | $39,500 |
| 2004 | 2022 | $33,500 |
| 2005 | 2023 | $27,500 |
| 2006 | 2024 | $21,000 |
| 2007 | 2025 | $14,000 |
| 2008 | 2026 | $7,000 |
Note the jump between 1997 and 1998: someone born in 1997 turned 18 in 2015 and got that year's $10,000; someone born a year later did not.
How to go from the table to your own room
The table gives the room you have earned. Your available room today is that total, adjusted for your own activity:
- Minus every contribution you have ever made to any TFSA.
- Plus every withdrawal from previous years. A withdrawal comes back as room on January 1 of the following year, not before.
- Withdrawals this year do not count yet. They return next January.
Growth and losses inside the account do not change your room. A TFSA that grew from $50,000 to $80,000 has not used any extra room, and one that fell to $40,000 has not given any back.
If that bookkeeping sounds tedious, it is, which is why the CRA keeps the official figure in your CRA account. The catch is that the CRA figure is updated only once a year; the step-by-step guide shows how to bring it up to date.
Newcomers to Canada
If you became a resident after 2009, your room starts the year you became a resident (if you were 18 or older), not the year you turned 18. Add up the limits from that year onward. For example, someone who moved to Canada in 2019 at age 30 has $6,000 × 4 + $6,500 + $7,000 × 3 = $51,500 of total room in 2026, the same as the 2019 row above.
Years you spend as a non-resident have their own rules, and contributions made while non-resident are taxed. If that applies to you, read the CRA guidance on non-residents before you contribute.
What comes next: the 2027 limit
The annual limit is indexed to inflation and rounded to the nearest $500, so it moves only when inflation has added up enough to cross a $500 step. The CRA usually announces the next year's figure in the fall. The 2027 limit has not been published yet; this page will add the row when it is.
Keeping track of it all
The table is the easy part. The hard part is the running total of contributions and withdrawals across every TFSA you hold, at every bank and broker. A deposit that looks fine at one institution can push you over when you add the account you opened elsewhere, and the tax on an excess is 1% per month (the overcontribution penalty guide has the numbers).
In Mozaic, the Contribution Room view (under Analytics) starts from either your CRA figure or an estimate from your birth year, using the same yearly limits as this table, and subtracts the contributions it detects across your connected TFSAs. It is a tracking aid, not tax advice. Mozaic is free for manual tracking; automatic syncing of your bank and brokerage accounts is $99 CAD a year, and the pricing page has the details.