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How to Pay Less Tax in Ontario in 2026 — A Complete Guide for Canadians

             Published: April 2026 | Reading time: 10 min | Category: Tax Savings, Personal Finance If you live in Ontario, you already know the tax bite is real. Between federal and provincial income tax, you could be handing over 43% or more of every extra dollar you earn. The good news? The Canadian tax system is loaded with legal ways to keep more of your money — and most people aren't using all of them. This guide covers every major strategy available to Ontario residents in 2026, from basic deductions to advanced moves that most people miss. Whether you're employed, self-employed, or earning investment income, there's something here for you. Why Ontario Residents Pay More Tax Than Most Canadians Ontario's combined federal and provincial marginal tax rates are among the highest in Canada. Here's what you're actually paying depending on your income in 2026: Taxable Income Combined Federal + Ontario Rate Up to $51,446 ~20.0...
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US holiday retail sales grow 3.1%, down from prior year -Mastercard



US retail sales rose 3.1% between Nov. 1 and Dec. 24, rounding up a majority of the holiday sales for retailers, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday.

The increase is lower than the 3.7% growth Mastercard forecast in September, and has slumped from last year’s 7.6% as higher interest rates and inflation pressured consumer spending. Sales in the apparel and restaurant categories rose 2.4% and 7.8%, respectively, during the holiday shopping period, according to the Mastercard Spending Pulse report, while sales of electronics fell 0.4%.

Ecommerce sales grew at a slower pace of 6.3% from last year’s 10.6% as the popularity of online shopping came off pandemic highs, the report showed.

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