You can top up Tax-Free Savings Accounts to $10k immediatelyAccording to a Google search I did this afternoon, one of the banks contacted CRA to confirm you can make the increased 2015 contribution to a TFSA immediately. The Federal Budget said the government will increase the annual limit to $10,000. It also said they wanted it to be effective immediately. Of course, the budget has not been passed yet, but nobody can defeat a majority government, so it will pass.
I was able to make the additional $4500 contribution today to my TFSA and buy an additional 15,000 shares this afternoon at 31 cents. But that definitely is my final purchase.