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Five Key Tax Changes Coming in 2026: What Canadians Need to Know

  As 2026 approaches, Canadians can expect several important updates to the federal tax system. These changes affect retirement planning, income tax brackets, and a range of credits that influence how much individuals and families will owe—or save—when filing their returns. Here’s a quick look at five of the most notable adjustments. 1. Higher RRSP Contribution Limits Canadians will be able to contribute more to their Registered Retirement Savings Plans (RRSPs) in 2026, thanks to inflation indexing. The increased limit gives savers more room to reduce taxable income while building long‑term retirement security. 2. Updated Federal Tax Brackets Income tax brackets will shift upward to reflect inflation. This means more of your income will be taxed at lower rates, helping offset rising living costs and preventing “bracket creep,” where inflation pushes taxpayers into higher tax brackets without real income gains. 3. Increased Basic Personal Amount (BPA) The Basic Personal Amoun...
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Escalating Tensions: Gaza’s Main Hospital Targeted Amid Famine Concerns

In a recent development that has escalated tensions in the region, Israeli forces have conducted another raid on Gaza’s principal medical facility. This operation comes at a time when the United Nations has issued a stark warning that famine could soon be a reality in the northern parts of the Gaza Strip.

The raid on the hospital has raised international concerns, as it is a critical infrastructure for the already beleaguered population of Gaza. The timing of the attack coincides with dire predictions from the UN, suggesting that food scarcity is reaching critical levels, potentially leading to widespread hunger.

As the situation unfolds, the international community watches with bated breath, hoping for a swift resolution that can prevent further humanitarian crises in the area. The recent events underscore the urgent need for sustained peace efforts and humanitarian aid to address the immediate needs of the population at risk.

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