RE:RE:RE:RE:RE:RE:better sell this year... new Capital Gains tax increases!There is a limit, while you may be able to contribute as much as you want there are penalites associated with doing so.
From the governments website:
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At any time in the year, if you contribute more than your available TFSA contribution room you will have to pay a tax equal to 1% of the highest excess TFSA amount in the month, for each month that the excess amount stays in your account. For more information, see Tax payable on excess TFSA amount." For the full guide please see the following link: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4466/tax-free-savings-account-tfsa-guide-individuals.html#portion_withdrawal