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Colombia on Edge as Trump’s Post‑Venezuela Threats Stir Regional Anxiety

Colombian military patrol the Simón Bolívar International Bridge in Cúcuta on Tuesday. After the U.S. seized Venezuelan President Nicolás Maduro, members of powerful armed groups started arriving in Colombia from neighbouring Venezuela. Tensions in Colombia have intensified following President Donald Trump’s forceful remarks in the wake of the U.S. military operation that captured Venezuelan leader Nicolás Maduro. The comments have revived long‑standing fears about regional instability and raised questions about the future of U.S.–Colombia relations. Rising Tensions After the Venezuela Strike In the aftermath of the Venezuela attack, Trump issued sharp warnings toward Colombia, accusing President Gustavo Petro of enabling drug production and trafficking. He suggested that Petro’s government “would not be doing it for long,” a statement widely interpreted as a threat of potential intervention. The remarks came amid a broader pattern of aggressive rhetoric toward several countries, s...
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Tax-Savvy Strategies: Maximizing Your CRA Returns

                                         

    
As the tax season looms, Canadians are reminded of the April 30 deadline for filing and payment to avoid penalties from the Canada Revenue Agency (CRA). To ensure a smooth tax experience and potentially increase your returns, here are some key strategies:

  1. RRSP Contributions: Ensure you report any contributions made to your Registered Retirement Savings Plan (RRSP) within the first 60 days of the year to qualify for a tax refund.

  2. First Home Savings Account: Take advantage of the new First Home Savings Account (FHSA) for tax-deductible contributions and tax-free withdrawals for your first home’s down payment.

  3. Medical Expense Tax Credit: Families can claim the non-refundable medical expense tax credit if their total medical expenses exceed the lesser of $2,635 or 3% of net income.

  4. Home Office Expenses: Remote workers can claim home office expenses, though the flat-rate method is no longer available; detailed tracking is required.

By mastering these tax changes and utilizing accounts like the TFSA, Canadians can lighten their tax burden and keep more money in their pockets. Remember, early preparation is key to a stress-free tax season.


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