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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 Job Cuts More Than Double in January, But Labor Market Remains Strong

 

US employers in the financial and technology sectors launched restructuring efforts in January, leading to a significant increase in job cut announcements. 

According to a report released on Thursday, announced layoffs reached 82,300, more than double the number in December. However, the labor market appears strong for workers despite recent job cuts, with the January jobs report showing the 37th consecutive month of job gains and a small uptick in the unemployment rate.

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