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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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Restaurant-Style Pan Seared Salmon


Restaurant-quality pan seared salmon—crisp on top and just barely cooked in the center—is easy to make at home.

Ingredients:
  • Salmon fillets (skin-on)
  • Salt and pepper
  • Olive oil
  • Lemon juice
  • Butter
  • Garlic
  • Fresh parsley
Instructions:
  1. Dry the salmon fillets well with paper towels. 
  2. Season both sides with salt and pepper.
  3. Heat oil in a large non-stick skillet over medium-high heat until hot.
  4. Place the fillets skin-side down and sear for about 6-8 minutes (depending on thickness).
  5. Flip once the flesh has lightened about 3/4 of the way up the fish.
  6. Sear for another 1-2 minutes.
  7. Add butter, garlic, parsley, and lemon juice to the pan, stirring until the butter browns slightly.
  8. Serve immediately and enjoy.

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