The main Canadian savings and pension figures for 2026. We checked them against Canada.ca on 2 October 2026.
TFSA annual limits
| Year | Limit |
|---|---|
| 2009 to 2012 | $5,000 a year |
| 2013 and 2014 | $5,500 a year |
| 2015 | $10,000 |
| 2016 to 2018 | $5,500 a year |
| 2019 to 2022 | $6,000 a year |
| 2023 | $6,500 |
| 2024 to 2026 | $7,000 a year |
Someone eligible for every year since 2009 has had $109,000 of room by the end of 2026, before any contributions or withdrawals. Estimate yours in the TFSA room calculator.
RRSP
| Item | 2026 | 2025 |
|---|---|---|
| Dollar limit | $33,810 | $32,490 |
| Share of earned income | 18% of the previous year's earned income, up to the dollar limit | Same |
The 2026 deduction limit is 18% of your 2025 earned income, up to $33,810, minus any pension adjustment, plus unused room carried forward. Use the RRSP calculator.
CPP retirement pension
| Item | 2026 |
|---|---|
| Maximum monthly pension at 65 | $1,507.65 |
| Average for new beneficiaries (July 2026) | $858.34 a month |
| Starting before 65 | Reduced by 0.6% a month, up to 36% at 60 |
| Starting after 65 | Increased by 0.7% a month, up to 42% at 70 |
See when to start CPP.
Old Age Security
| Item | Figure |
|---|---|
| Recovery tax rate | 15% of income above the threshold |
| Threshold on 2026 income | $95,323 |
| Income where OAS is fully recovered (age 65 to 74) | $155,320 |
| Income where OAS is fully recovered (age 75 and over) | $161,320 |
| Maximum monthly OAS, October to December 2026 (age 65 to 74) | $762.50 |
| Maximum monthly OAS, October to December 2026 (age 75 and over) | $838.75 |
OAS amounts are changed each quarter. See the OAS clawback guide.
Sources
- CRA: RRSP, TFSA and related limits
- CRA: Calculate your TFSA contribution room
- Canada.ca: CPP payment amounts
- Canada.ca: Old Age Security pension recovery tax
- Canada.ca: Old Age Security payment amounts
This article is for education and is not financial, tax or legal advice. Figures are checked against the sources above and may change. Read the full disclaimer.