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Eddie Bauer Launches Nationwide Liquidation Sales in Canada

                              An Eddie Bauer store in Vaughan, Ont., on Wednesday, Feb. 4, 2026.   Eddie Bauer has begun liquidation sales across its Canadian stores as the retailer undergoes a major restructuring effort. The move follows financial challenges that have pushed the company to streamline operations while exploring potential buyers. All Canadian locations are expected to remain open during the liquidation period, offering discounts as inventory is cleared. The retailer has indicated that if a suitable buyer emerges, it may shift from winding down operations to pursuing a sale that keeps some stores running. Eddie Bauer, long known for its outdoor apparel and gear, has faced mounting pressures from changing consumer habits and a competitive retail landscape. The coming weeks will determine whether the brand can secure a path forward or complete its exit from the Canadian market....

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Smart Tax Strategies for Solo Filers in Canada

 

As tax season approaches, single Canadians have unique opportunities to maximize their returns. Here’s a concise guide to help solo filers navigate the complexities of tax filing and make the most of their financial situation.

1. Utilize Tax Deductions and Credits: With over 400 deductions and credits available, it’s crucial to identify those applicable to your situation. Deductions like self-employed business expenses can lower your taxable income, while credits can reduce the tax you owe.

2. Claim the GST/HST Credit: This refundable tax credit is designed to help low to modest income individuals offset the cost of goods and services. It’s paid out quarterly, and eligibility is determined by filing your taxes on time.

3. Explore the Ontario Trillium Benefit: For Ontarians, this benefit combines three tax credits to assist with energy costs, sales tax, and property taxes. It’s a refundable credit that can provide significant financial relief.

4. File Taxes Efficiently: Even if you have no income to report, filing your taxes can lead to benefits like the GST/HST credit. Additionally, tax software can help identify potential deductions and credits you may not be aware of.

5. Plan Ahead: Use tax calculators to estimate your taxes for the current and following year. This can help you plan for any payments or refunds and make informed financial decisions.

By staying informed and taking advantage of the tax benefits available, single Canadians can file their taxes confidently and efficiently, ensuring they receive all the credits and deductions they’re entitled to.


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