🧮 5 Free Calculators

Know Your Exact Numbers

Stop guessing. These calculators use current CRA rules and provincial data to show you precisely what you're entitled to — and what you may be missing.

✓ Always free to use  ·  PDF export with email
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TFSA Contribution Room

Find out exactly how much you can contribute to your Tax-Free Savings Account right now

Year you became a Canadian resident
Your age when you became a resident (or current age if born here)
Total amount already contributed to all TFSAs (lifetime, including withdrawals re-contributed)
Total TFSA withdrawals made (all years combined)
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Enter your details on the left and click Calculate to see your available TFSA contribution room.

Your TFSA room is based on the year you became a Canadian resident and your contribution history.

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RRSP vs TFSA Decision Tool

Find out which account is better for your situation — the most common question newcomers get wrong

Current annual income (household)
Province of residence
Expected income in retirement
Do you have children? (affects CCB benefit from RRSP)
Amount you can invest this year
$5,000
$1,000$30,000
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This tool compares the real after-tax value of putting money in RRSP versus TFSA based on your specific income, province, and retirement plans.

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Canada Child Benefit Estimator

Estimate your monthly CCB payments based on your family income and number of children

Net family income (previous tax year)
Number of children under 6
Number of children aged 6–17
Marital status
RRSP contributions this year (reduces net income → increases CCB)
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The CCB is a tax-free monthly payment. Many newcomer families don't claim the full amount — or miss it entirely in their first year.

Enter your details to see your estimated monthly and annual benefit.

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RESP Catch-Up Calculator

Find out how much to contribute now to maximize the free CESG government grant for your child

Child's current age
8 years old
Newborn17 yrs
Total contributed to RESP so far
Family net income
How much can you contribute annually?
$2,500
$500$10,000
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The government gives you a 20% match (CESG) on your first $2,500/year per child — that's $500 in free money annually. Late starters can catch up on missed grants.

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FHSA vs HBP Comparison

Compare the First Home Savings Account vs the RRSP Home Buyers' Plan for your situation

Current annual income
Current RRSP balance
Years until you plan to buy
3 years
1 yr10 yrs
Amount you can save per year for home
$8,000
$1,000$30,000
Have you ever owned a home in Canada or with a spouse?
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The FHSA is relatively new (2023) and gives first-time buyers $8,000/year in tax deductions — but it works differently from the RRSP Home Buyers' Plan. This tool compares both for your numbers.