Registered Account Deadlines and Limits for 2026

As we begin 2026, it is a good time to review the key dates, contribution limits, and planning opportunities for registered accounts. Understanding these important deadlines will help ensure your financial plans remain on track throughout the year.

Capital Gains Tax Update (CRA)

As of early 2026, proposed changes to the capital gains inclusion rate have continued to evolve. The Canada Revenue Agency has previously signaled that a higher inclusion rate could apply to certain capital gains, but there remains uncertainty until legislation is finalized.

It’s important to stay informed as these rules develop because any changes can affect after-tax investment returns. Speak with your Investment Advisor for personal implications.

Registered Retirement Savings Plan (RRSP)

March 2, 2026 is the deadline for contributing to an RRSP for the 2025 tax year.

2026 Contribution Limit

The RRSP limit for the 2026 tax year is the lesser of 18% of earned income from the previous year or $33,810 (before adjustments for pension amounts and unused room).

Tax-Free Savings Account (TFSA)

Annual TFSA Limit for 2025, the annual TFSA contribution limit remains $7,000.

If you have been eligible since 2009 and never contributed, your total potential room as of January 1, 2026 is $109,000.

Unlike RRSPs, there is no deadline within the year for contributing to your TFSA. Contribution room carries forward indefinitely and unused room can be added to future years.

Registered Education Savings Plan (RESP)

There is no annual RESP contribution limit. However, to maximize the annual Canada Education Savings Grant (CESG) of up to $500 per beneficiary, it is generally recommended to contribute $2,500 per year.

If CESG room from prior years is available, contributions of up to $5,000 in a single year may generate a maximum CESG of $1,000, allowing one year of catch up. The lifetime contribution limit for each beneficiary is $50,000, and the maximum lifetime CESG available per beneficiary is $7,200.

Tax Filing Deadlines (Individuals)

• The deadline to file your 2025 personal income tax return is April 30, 2026, unless you’re self-employed.

• If you or your spouse/common-law partner are self-employed, the deadline to file is June 15, 2026, but any tax owing is still due by April 30, 2026.

Home Buyers’ Plan (HBP)

The Home Buyers’ Plan allows eligible individuals to withdraw up to $60,000 from their RRSP to buy or build a qualifying home. Repayment generally begins the second year after the withdrawal year and must be completed within 15 years.

First Home Savings Account (FHSA)

If eligible, you can contribute up to $8,000 per year to an FHSA. Contributions are tax deductible and investment growth is tax free if used for a qualifying home purchase. Unused contribution room may carry forward, but total annual participation room is capped at $8,000 across all accounts.

A qualifying FHSA withdrawal can be used with a Home Buyers’ Plan withdrawal from an RRSP for the same home purchase, provided all conditions are met.

Connect with our team if you have questions about these deadlines or would like guidance on how to contribute strategically and make the most of your registered accounts.

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