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Estimate Your 2026 Tax Refund Before You File

Canadian Tax Refund Estimator 2026, Ontario edition Most of us find out what we’ll get back (or owe) only after filing. This year you can know in advance, and still do something about it. What’s different for 2026 The lowest federal tax rate is now 14% , down from 15%. The federal basic personal amount rose to $16,452 , and the brackets were indexed up 2% for inflation. Ontario’s brackets moved too, and CPP and EI limits changed. Together, that shifts your bill, so last year’s numbers won’t predict this year’s refund. The RRSP deadline is March 1, 2027 Contributions made by March 1, 2027 can be deducted on your 2026 return. At the lowest federal and Ontario rates, every $1,000 you contribute saves roughly $190 in tax, and more if your income is higher. The sooner you know your number, the easier it is to decide how much to put in. Run your numbers in minutes I built a simple Ontario spreadsheet for exactly this. Fill in the yellow cells, and it works out: Your federal and Ontario tax u...
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Stocks Rally, Yields Fall on Fed’s Mixed Messages



The stock market rallied and bond yields fell after the Federal Reserve sent mixed messages about its future policy. 

The Federal Reserve is in a “sweet spot” and may start cutting interest rates in the first half of 2024. The rally in the bond market is driving global bonds to their best month since 2008. The Bank of Japan left its policy rate unchanged and appeared in no hurry to remove negative interest rates. The yen slumped as much as 1.1% to the weakest level in a week, while the Nikkei 225 Index rallied 1.4% to a two-week high.


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