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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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Brian Mulroney: A Legacy of Leadership and International Diplomacy


Brian Mulroney, Canada’s 18th prime minister, passed away at the age of 84. His tenure from 1984 to 1993 left an indelible mark on Canadian history, characterized by both triumphs and challenges.

Mulroney built a strong rapport with US leaders during his time in office, improving what had been a sometimes fractious relationship between neighbors. His efforts laid the groundwork for significant treaties, including:

  1. North American Free Trade Agreement (NAFTA): As the architect of NAFTA, Mulroney tore down barriers to trade across North America. While the trade pact became a pillar of Canada’s economy, it also sparked debates about sovereignty.

  2. Environmental Initiatives: Mulroney spearheaded environmental treaties, such as the 1991 accord on acid rain signed with US President George H.W. Bush. These agreements were crucial first steps toward international climate change cooperation.

However, Mulroney’s international achievements contrasted with a more turbulent record in domestic affairs:

  1. National Sales Tax: His government introduced a widely disliked national sales tax, which faced public backlash.

  2. Constitutional Reforms: Mulroney embarked on an ill-fated attempt to renew Canada’s constitution. The failure of constitutional negotiations revived the question of Quebec separatism, leading to a 1995 referendum where voters narrowly rejected independence.

  3. Economic Struggles: A deep recession in the early 1990s proved fatal for Mulroney’s Progressive Conservatives. He left office in June 1993, and the party suffered a significant defeat in the subsequent election.

Brian Mulroney, the son of an electrician, was born in the small Quebec town of Baie-Comeau. His bilingual upbringing and legal background shaped his political journey. Despite the controversies, his ability to work closely with the US administration remains a testament to his leadership.

As Canada mourns the loss of a statesman, we remember Brian Mulroney as a champion of free trade, a bridge-builder, and a leader who left an indelible mark on the nation’s history. 

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