In 2019, the annual contribution room is $6,000.

The chart below summarizes the total contribution room in each year since the Tax Free Savings Account was created.

 

 

 

 

 

 

 

If you were born in 1991 or earlier (and thus turned 18 in 2009 or earlier), and were a resident of Canada since that time, you have $63,500 of total TFSA contribution room as of 2019. If you were born after 1991, your contribution room began accumulating in the year in which you turned 18.