Canada Updates TFSA Penalty Rules for 2026: Avoid Costly Over-Contribution Fees
Canada’s Tax-Free Savings Account (TFSA) remains one of the most valuable tools for tax-free investing and long-term savings. However, with the start of the 2026 tax year, updated rules and stricter enforcement regarding TFSA over-contribution penalties are drawing attention from investors nationwide. The Canada Revenue Agency (CRA) has signaled stronger monitoring and clearer guidelines to … Read more