Canadian Money Brief | October 19, 2026 CFB Wainwright Fire: What We Know and How to Help Without Getting Scammed Four Canadian soldiers are dead and 39 people were hurt after a grass fire overtook a live-fire training exercise in Alberta. When tragedy hits, Canadians want to help. Scammers know it. What happened On Saturday, October 17, a fire ignited in a training area at Canadian Forces Base Wainwright, about 200 km southeast of Edmonton. Officials say it began as a grass fire during training that included grenades and live ammunition. Military leaders said the fire was known to range control for hours and was believed to be contained enough for training to continue. Then the wind turned. Reporting from Al Jazeera and ABC News describes gusts jumping from about 50 km/h to as high as 96 km/h, pushing the flames toward soldiers and their administrative area. Defence officials said 84 members of the Princess Patricia's Canadian Light Infantry were in the training area. Four servi...
As tax season approaches, it’s essential to be aware of common mistakes that can impact your Canadian tax return. Even the most diligent taxpayers may inadvertently slip up. Here are some key errors to avoid:
Double-Reporting Income: Ensure you don’t accidentally report the same income twice. Whether it’s employment income, investment gains, or other sources, cross-check your records to prevent duplication.
Unclaimed Income: Don’t forget to include all your income, including side gigs, freelance work, or tips. Unreported income can lead to penalties.
Late Filing: Missing the tax filing deadline can be costly. For most individuals, the deadline is April 30. If it falls on a Sunday, ensure your postmark is on or before May 1. Self-employed individuals have until June 30 to file their returns.
Omitting Information: Be thorough when filling out your return. Missing details can result in errors or missed deductions.
Not Maximizing Deductions: Take advantage of all eligible deductions and credits. Research what you qualify for and ensure you claim them.
Remember, even small mistakes can have significant consequences. Seek professional advice if you’re unsure, and double-check your return before submitting it.
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