January 1, 2026 - Release Notes - Financial Data Updates

Financial Data Update for 2026

We have just updated Snap Projections with all available and relevant financial figures and tax data so you can create up-to-date, accurate projections for your clients in 2026. Some of the highlights are the following:

• The RRSP maximum contribution limit is $33,810.
• The TFSA maximum contribution limit is $7,000 and the maximum cumulative limit for a client who has never contributed to a TFSA is as high as $109,000.
• The CPP Maximum Pensionable Earnings is $74,600.
• The Additional Maximum Pensionable Earnings is $85,000.
• The CPP/QPP Maximum Annual Benefit is $18,093.12.
• The OAS Maximum Annual Benefit is $8,907.72.
• The OAS Clawback Threshold is $95,323.
• The EI Maximum Insurable Earnings is $68,900.
• EI premium rates and maximums (the maximum annual employee premium outside of Quebec is $1,123.07).
• Federal and Provincial Tax data for all provinces including Quebec. This includes tax credits, tax brackets, tax rates, and other relevant figures.

While all your new scenarios will be created using the new values going forward, your old scenarios created with the starting year of 2025 and earlier have not been recalculated. Rebasing allows you to take any older scenario and create an updated copy for 2026. When you rebase a scenario, the original is kept intact so it can be available indefinitely (unless you delete it) for historical, compliance, or other purposes. Here is more information about scenario re-basing for 2026.

Scenarios that you created in 2025 with the starting year of 2026 will not require you to rebase them. These scenarios will have the new financial data for 2025 applied to them when you click the Run Scenario button. More detail can be found here: What happens to the projections when you open them in a new year?