Money Facts 2026
Your handy guide to contribution limits, tax rates and government pension benefits.
RRSP Contribution Limits1
| TAX YEAR | LIMIT | INCOME REQUIRED |
|---|---|---|
| 2026 | $33,810 | $187,833 |
| 2025 | $32,490 | $180,500 |
| 2024 | $31,560 | $175,333 |
| 2023 | $30,780 | $171,000 |
| 2022 | $29,210 | $162,278 |
TFSA1 Contribution Limits
| TAX YEAR | LIMIT | CUMULATIVE LIMIT |
|---|---|---|
| 2026 | $7,000 | $109,000 |
| 2025 | $7,000 | $102,000 |
| 2024 | $7,000 | $95,000 |
| 2023 | $6,500 | $88,000 |
| 2022 | $6,000 | $81,500 |
Marginal Tax Rates2
2026 FEDERAL
| TAXABLE INCOME | TAX RATE |
|---|---|
| $0 to $16,451 | 0.00% |
| $16,452 to $58,521 | 14.00% |
| $58,522 to $117,044 | 20.50% |
| $117,045 to $181,439 | 26.00% |
| $181,440 to $258,481 | 29.00% |
| $258,482 & Over | 33.00% |
* For provincial tax rates click here.
CPP Benefits3
ANNUAL
| BENEFIT | MAX AMT @ JAN 2026 | AVG AMT @OCT 2025 |
|---|---|---|
| Retirement | $18,092 | $9,645 |
| Disability | $20,894 | $14,301 |
| Survivor (under 65) | $9,642 | $6,403 |
| Survivor (65 & over) | $10,855 | $3,845 |
| Child | $3,694 | $3,621 |
| Death | $2,500 | $2,581 |
OAS Pension3
| MAX PENSION @ JAN 2026 | CLAWBACK STARTS @ NET INCOME OF: | CLAWBACK ENDS @ NET INCOME OF: |
|---|---|---|
| $8,908 (Age 65 to 74) | $95,323 | $154,708 |
| $9,798 (Age 75 & over) | $95,323 | $160,647 |
Contact us to discuss your financial plan.
Sources:
Please consult your financial advisor on how it relates to your situation. *The RRSP contribution limit varies by individual.
Investment Planning Counsel Inc. provides this publication for informational purposes only, and it is not and should not be construed as professional advice to any individual. The information contained in this publication is based on material believed to be reliable at the time of publication, but IPC cannot guarantee the information is accurate or complete. Individuals should contact their IPC Advisor for professional advice regarding their personal circumstances and/or financial position.
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