What is the maximum TFSA contribution amount?

The maximum amount that you can invest in a TFSA each tax year is provided by the Canada Revenue Agency.

For 2023, the ceiling is $6,500, which is added to your unused contribution room from previous years.

If you were 18 or older in 2009, you can contribute up to a total maximum of $88,000 in 2023.

Sign in to My Account on the Canada Revenue Agency website to find out your contribution room.