Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP
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The Canadian government has indicated that the annual contribution limit for TFSAs will be raised to $6,000 for 2019, up from $5,500 this year.

The TFSA’s annual contribution limit amount is indexed to inflation, and rounded to the nearest $500, using the consumer price index provided Statistics Canada.

With the TFSA contribution limit rising to $6,000 for 2019, the cumulative TFSA contribution limit in 2019 will be $63,500 for a Canadian who has never contributed to a TFSA, and who was 18 years old or older in 2009, the year in which the program was launched.

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The TFSA limit for the years 2013 to 2014 and for 2016 to 2018 was $5,500. The limit for 2015 was $10,000. The limit for the years 2009 to 2012 was $5,000.