William worked in administration for the provincial government for 18 years. He had the following sources of income last year:

Salary $52,000

Interest Income $ 6,000

Dividends $ 3,000

He also paid $12,000 in spousal support payments to his ex-wife.

Due to layoffs within the government William was let go effective December 31. During his time working for the government he was a member of the government's defined benefit pension plan and he incurred cumulative pension adjustments of $89,000 and a PSPA of $4,000. Upon his termination, William rolled the commuted value of his pension, which was $79,000 into a locked-in retirement account.

William's Notice of Assessment indicates that he has unused RRSP contribution room of $34,000.

What is William's RRSP contribution limit for this year?