TFSA Contribution room -$90K for a n immigrant

[kenshen1978]

I(31) came to Canada in August 2021 on and still on work permit. I was recently looking to contribute in TFSA and found I have a contribution room of $90k. I was under the impression that it would be something near $18k from 2021-2024. Is this a glitch, am I missing something here?
However, RRSP is accurate to $15-16k.

 

[jjp297]

@kenshen1978 You do't have $90k of room. The CRA site in MyAcocunt is assumed wrong for many.

Read the bottom chunk regarding contribution room in the trigger !TFSATrigger

 

[walkhiccup]

@kenshen1978 You won’t have 90k contribution room. You’d would have had to have been here during the early 2010s.

 

[artos2]

@kenshen1978 It’s wrong. CRA itself says don’t trust the numbers on the site. Calculate yourself

 

[ncfelix]

@kenshen1978 Glitch

 

[jesuschain]

@kenshen1978 Since you're most likely a resident for tax purposes since 2021, your room should only accumulate since then.

Are you positive you gave your date of entry when you filed your 2021 return? It's on the first page under your other identification information.

 

[ctrites]

@kenshen1978 Your impression is right.