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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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Gaza war casts a dark cloud over Ramadan celebrations

 


As Muslims around the world welcome the holy month of Ramadan, Palestinians are facing a bleak and somber mood amid the ongoing war between Israel and Hamas in Gaza. The war, which has entered its sixth month, has killed more than 31,000 people and left millions facing the threat of famine.

In Jerusalem, where the war began after clashes at the Al Aqsa mosque compound in October, Israeli police have tightened security and deployed thousands of officers around the Old City. The mosque, one of the holiest sites in Islam, is expected to host tens of thousands of worshippers every day during Ramadan. However, many Palestinians fear that Israeli authorities and far-right Israelis could provoke unrest and violence.

In the occupied West Bank, where around 400 Palestinians have been killed by Israeli forces or settlers since the start of the war, the usual festive decorations and celebrations have been canceled or toned down. Many Palestinians say they are mourning the loss of their loved ones and expressing solidarity with their besieged brothers and sisters in Gaza.

In Gaza, where Israel has launched a relentless bombing campaign that has destroyed thousands of homes, schools, hospitals and infrastructure, the situation is even more dire. With the blockade preventing the entry of food, fuel, medicine and other humanitarian aid, many Gazans are struggling to survive and prepare for Ramadan. Some have resorted to living in tents or makeshift shelters, while others have fled to neighboring countries or the sea.

The war has also stalled the efforts to secure a ceasefire, as both sides have rejected several proposals and demands. The international community has expressed growing alarm and urged both parties to end the hostilities and resume negotiations. However, the prospects for peace remain elusive, as the war continues to rage on and inflict more suffering and devastation.


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