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Five Key Tax Changes Coming in 2026: What Canadians Need to Know

  As 2026 approaches, Canadians can expect several important updates to the federal tax system. These changes affect retirement planning, income tax brackets, and a range of credits that influence how much individuals and families will owe—or save—when filing their returns. Here’s a quick look at five of the most notable adjustments. 1. Higher RRSP Contribution Limits Canadians will be able to contribute more to their Registered Retirement Savings Plans (RRSPs) in 2026, thanks to inflation indexing. The increased limit gives savers more room to reduce taxable income while building long‑term retirement security. 2. Updated Federal Tax Brackets Income tax brackets will shift upward to reflect inflation. This means more of your income will be taxed at lower rates, helping offset rising living costs and preventing “bracket creep,” where inflation pushes taxpayers into higher tax brackets without real income gains. 3. Increased Basic Personal Amount (BPA) The Basic Personal Amoun...
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The Wisdom of Robert Frost


                                                                                                                                                                
One of the most famous poets of the 20th century, Robert Frost, once said: "In three words I can sum up everything I've learned about life: it goes on." This simple but profound statement captures the essence of his poetic vision and his personal philosophy. Frost was no stranger to hardship and tragedy, having lost several of his children and his wife to illness and depression. Yet he never gave up on his passion for writing and his love for nature. He believed that life was a journey of discovery and learning, and that no matter what challenges we face, we must keep moving forward.

Frost's quote reminds us that life is bigger than our individual problems and that we have the power to overcome them. It also encourages us to appreciate the beauty and joy that life offers, even in the midst of sorrow and pain. Life goes on, and so should we.
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