Your TFSA room starts the year you turned 18 or became a tax resident of Canada, whichever came later — not 2009 for everyone.
An example: born 1991, a tax resident since 2021. Type your own years.
You have $39,500 of TFSA room.
$39,500 room this year
Your room started in 2021, the year you became a tax resident: $39,500 in all through 2026.
Not $109,000: that counts every year since 2009, and years before you were a resident add nothing.
An FHSA has no room until you open one, even with nothing in it. Opening one starts $8,000 a year.
Your RRSP limit is on your latest Notice of Assessment, under “RRSP deduction limit”. Type it, or what you earned each year since you arrived, to see what’s left.
CRA’s account shows TFSA room as of 1 January and adds last year’s transactions only in the spring, so from January to about April it can show more room than you have.
Room estimates your contribution room from the rules the Canada Revenue Agency publishes and what you enter. It is not tax, legal or financial advice. Your CRA account and Notice of Assessment are the official record: check them before you contribute, and ask a tax professional about residency or anything unusual. Room is not affiliated with the CRA.
US citizens and green-card holders: a TFSA is generally not tax-free in the US; ask a cross-border tax professional first.