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Email this9:25 am
April 6, 2013
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The raw annual new TFSA contribution room amounts calculated with indexation factors from CRA and a December 2016 Financial Post article:
| Year | Indexation | TFSA New Room | ||
| Raw | Rounded | Actual | ||
| 2009 | $5,000.00 | $5,000 | $5,000 | |
| 2010 | 0.6% | $5,030.00 | $5,000 | $5,000 |
| 2011 | 1.4% | $5,100.00 | $5,000 | $5,000 |
| 2012 | 2.8% | $5,243.00 | $5,000 | $5,000 |
| 2013 | 2.0% | $5,348.00 | $5,500 | $5,500 |
| 2014 | 0.9% | $5,396.00 | $5,500 | $5,500 |
| 2015 | 1.7% | $5,488.00 | $5,500 | $10,000 |
| 2016 | 1.3% | $5,559.00 | $5,500 | $5,500 |
| 2017 | 1.4% | $5,637.00 | $5,500 | $5,500 |
| 2018 | 1.5% | $5,722.00 | $5,500 | $5,500 |
| 2019 | 2.2% | $5,848.00 | $6,000 | $6,000 |
| 2020 | 1.9% | $5,959.00 | $6,000 | $6,000 |
| 2021 | 1.0% | $6,019.00 | $6,000 | $6,000 |
| 2022 | 2.4% | $6,163.00 | $6,000 | $6,000 |
11:38 am
January 12, 2019
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.
Thanks for that ⬆ Norman.
Projecting further to Jan. 2023, buy taking a 'Rough' Guess at what the Average inflation rate might end up being for All of 2022 (~ 6.5% ?), I don't see the TFSA limit going any higher than $6,500 for next year.
Sorry, I don't have a crystal ball ... that's just a Guesstimate.
Others may differ. Anyone else care to try ? 
- Dean
" Live Long And Prosper "
12:02 pm
April 6, 2013
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CPI for October 2020 to September 2021 is 140.0.
CPI so far, from October 2021 to May 2022, is 146.9.
Those would take the raw new contribution room to
$6,163 * 146.9/140.0 = $6467.
It will depend on how CPI will be from now to September.
Since January, CPI has been advancing at a rate of about 13.7% per annum. That could change significantly if we have supply chain issues like poor harvests this fall and Russian foodstuff embargos continue.
7:15 am
April 6, 2013
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Add 2023 TFSA numbers using latest 6.3% factor from CRA: Indexation adjustment for personal income tax and benefit amounts:
| Year | Indexation | TFSA New Room | ||
| Raw | Rounded | Actual | ||
| 2009 | $5,000.00 | $5,000 | $5,000 | |
| 2010 | 0.6% | $5,030.00 | $5,000 | $5,000 |
| 2011 | 1.4% | $5,100.00 | $5,000 | $5,000 |
| 2012 | 2.8% | $5,243.00 | $5,000 | $5,000 |
| 2013 | 2.0% | $5,348.00 | $5,500 | $5,500 |
| 2014 | 0.9% | $5,396.00 | $5,500 | $5,500 |
| 2015 | 1.7% | $5,488.00 | $5,500 | $10,000 |
| 2016 | 1.3% | $5,559.00 | $5,500 | $5,500 |
| 2017 | 1.4% | $5,637.00 | $5,500 | $5,500 |
| 2018 | 1.5% | $5,722.00 | $5,500 | $5,500 |
| 2019 | 2.2% | $5,848.00 | $6,000 | $6,000 |
| 2020 | 1.9% | $5,959.00 | $6,000 | $6,000 |
| 2021 | 1.0% | $6,019.00 | $6,000 | $6,000 |
| 2022 | 2.4% | $6,163.00 | $6,000 | $6,000 |
| 2023 | 6.3% | $6,551.00 | $6,500 | $6,500 |
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