What is the 2026 TFSA contribution limit?

The 2026 TFSA annual contribution limit is C$7,000. If you have been eligible since the program began in 2009 and never contributed, your cumulative room is about C$102,000.

Is TFSA growth taxed?

No. Investment growth, interest, dividends and capital gains earned inside a TFSA are tax-free, and withdrawals are also tax-free.

How does this calculator project growth?

It assumes a fixed annual contribution made at the end of each year and a constant expected annual return, then compounds the balance using the standard future value of an annuity formula.

Canada TFSA Growth Calculator 2026

This calculator projects the tax-free growth of a Canadian TFSA, since gains and withdrawals from a Tax-Free Savings Account are never taxed. Updated June 2026.

TFSA Tax-Free Future Value (2026)

How It Works

This tool assumes a fixed annual contribution made at the end of each year and a constant expected annual return. It compounds your balance with the future value of an annuity formula: FV = C × (((1 + r)ⁿ − 1) / r), where C is the annual contribution, r the return and n the number of years. If the return is 0%, FV is simply C × n. All TFSA growth and withdrawals are tax-free.

FAQ

What is the 2026 TFSA contribution limit? C$7,000 for 2026. If eligible since 2009 and never contributed, cumulative room is ≈ C$102,000.
Is TFSA growth taxed? No — growth, interest, dividends, capital gains and withdrawals inside a TFSA are all tax-free.
How does this calculator project growth? It assumes a fixed end-of-year contribution and constant return, compounded with the future value of an annuity formula.

More Canada Tools

Visit the Canada calculators hub or try the Canada Income Tax Calculator, the Canada CPP & EI Contributions Calculator or the Canada RRSP Contribution Room & Tax Savings Calculator.