TFSA Contribution Room Calculator

  • Calculate contribution room remaining in 2021
  • Estimate future value of investments in the TFSA. 
  • Estimate the tax-free cashflow that your investments can produce in later years. 
  • Your CRA My Account will provide your contribution room remaining as of end-2020, but not for 2021. 
  • Overcontribute? You’ll be punished with a 1% tax on the highest excess TFSA amount each month. Read more on the CRA website.
  • Make it your own: Save to your Google Drive or download an excel copy.