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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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Enbridge to cut 650 jobs due to “increasingly challenging

 


Enbridge, a Canadian pipeline giant, has announced that it will be cutting 650 jobs due to “increasingly challenging business conditions” . The company aims to complete the job reductions by March 1, 2024. Enbridge is headquartered in Calgary and currently has approximately 12,000 employees, primarily in the U.S. and Canada.

The job cuts come as the company faces persistent headwinds including higher interest rates, economic uncertainty, and the ripple effects of geopolitical developments. Enbridge spokeswoman Gina Sutherland confirmed the cuts in an email Tuesday, adding that the company must cut costs and strengthen its competitiveness to weather the near-term challenges.

The job cuts are expected to be made across the organization, but no specifics have been provided on which individual business units or regions would be most affected.


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