For the 2028 tax year, the Canada Revenue Agency has confirmed a $36,390 limit for registered retirement savings plans and verified a $35,390 limit for 2027, up from the current $33,810 limit for the 2026 tax year.
On October 28, 2026, the CRA released these new figures on its website dedicated to the administration of registered plans, along with new defined benefit and money purchase pension plan limitations and the year’s maximum pensionable earnings criteria.
The 2028 RRSP dollar restriction signifies a total increase of $2,580 above the 2026 maximum of $33,810, allowing Canadians substantially more space.
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Source: https://immigrationnewscanada.ca