Bookmark this page. These are the figures we use most often with clients in 2026.
RDSP
| Lifetime contribution limit | $200,000 |
| Max grant (CDSG) per year | $3,500 (family income ≤ $117,045) · $1,000 above |
| Max bond (CDSB) per year | $1,000 (income ≤ $38,237), phased out at $58,523 |
| Lifetime grant / bond | $70,000 / $20,000 |
| Catch-up per year | Up to $10,500 grant and $11,000 bond (10-year carry-forward) |
| Grants and bonds end | Dec 31 of the year the beneficiary turns 49 |
| Holdback period | 10 years |
RESP
| Lifetime contribution limit | $50,000 per beneficiary |
| Basic CESG | 20% on the first $2,500/yr = $500 |
| Additional CESG | +$100 (income ≤ $58,523) or +$50 (≤ $117,045) |
| Lifetime CESG | $7,200 |
| Canada Learning Bond | $500 + $100/yr, up to $2,000 |
| EAP limit, first 13 weeks | $8,000 full-time · $4,000 part-time |
TFSA
| 2026 annual limit | $7,000 |
| Cumulative room (eligible since 2009) | $109,000 |
| Over-contribution penalty | 1% per month on the highest excess |
RRSP and FHSA
| 2026 RRSP limit | 18% of 2025 earned income, max $33,810 |
| 2027 RRSP limit | $35,390 |
| Deadline for 2026 deduction | March 1, 2027 |
| Home Buyers' Plan | Up to $60,000 |
| Lifelong Learning Plan | $10,000/yr, $20,000 total |
| FHSA | $8,000/yr, $40,000 lifetime |
| Convert RRSP by | Dec 31 of the year you turn 71 |
2026 Alberta tax brackets
Federal: 14% to $58,523 · 20.5% to $117,045 · 26% to $181,440 · 29% to $258,482 · 33% above.
Alberta: 8% to $61,200 · 10% to $154,259 · 12% to $185,111 · 13% to $246,813 · 14% to $370,220 · 15% above.
Sources: Canada Revenue Agency, Employment and Social Development Canada, Government of Alberta.
This article is general information, current as of its publication date, and is not personal financial, tax or legal advice.