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Canadians Gain More Room to Save with 2025 TFSA Limit

  The Tax-Free Savings Account (TFSA) contribution limit for 2025 has been set at $7,000 , giving Canadians another opportunity to grow their investments tax-free. Since its launch in 2009, the TFSA has become one of the most popular savings tools in the country, offering flexibility and tax advantages that appeal to both short-term savers and long-term investors. For those who have never contributed to a TFSA and were eligible since the beginning, the total cumulative contribution room now stands at $102,000 . This allows Canadians to deposit a significant amount into their accounts without worrying about taxes on investment gains, dividends, or withdrawals. One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year . This makes it ideal for saving toward major purchases, retirement, or even emergency funds. Unlike RRSPs, contributions are not tax-deductible, but the growth inside the...

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Israel’s Strategic Alliance: Thwarting Iran’s Unprecedented Attack


Israeli leaders find themselves at a critical juncture following the recent direct Iranian attack involving hundreds of drones and missiles. The coordinated response, led by an international military coalition, has been hailed as a starting point for a “strategic alliance” of regional opposition to Tehran. However, as the world watches with bated breath, Israel’s War Cabinet remains silent on the next steps.

The military coalition, spearheaded by the United States, Britain, and France, and seemingly including several Middle Eastern countries, provided crucial support to Israel. At a time when Israel faces isolation over its conflict with Hamas in Gaza, this coalition’s backing is significant. Moreover, it could serve as a blueprint for future regional relations beyond the current crisis.

“This was the first time that such a coalition worked together against the threat of Iran and its proxies in the Middle East,” stated Rear Adm. Daniel Hagari, the Israeli military spokesman.

While Israel credits the coalition for intercepting the vast majority of the approximately 350 drones and missiles launched by Iran, questions linger about which of Israel’s neighbors participated in this defense. Israeli military officials and key War Cabinet members allude to additional “partners” without revealing their identities. Even White House national security spokesman John Kirby remains tight-lipped on the matter.

One of these covert partners appears to be Jordan. The Jordanian Foreign Minister, Ayman al-Safadi, emphasized that Jordan acted in self-defense due to the real danger posed by Iranian projectiles. “If this danger came from Israel, Jordan would take the same action,” he asserted.

The United States has long sought to forge a regionwide alliance against Iran, aiming to integrate Israel and strengthen ties with Arab nations. Initiatives like the 2020 Abraham Accords, which established diplomatic relations between Israel and four Arab countries, demonstrate progress. Additionally, having Israel within the U.S. military’s Central Command, which collaborates closely with moderate Arab states, further underscores this effort.

Despite the ongoing war in Gaza, which has claimed over 33,700 Palestinian lives, behind-the-scenes cooperation persists. The White House remains hopeful about postwar plans, including the potential for Israel-Saudi ties.

As the world holds its breath, Israel weighs its next moves carefully. The shadow war has escalated, and the strategic alliance forged in this crisis may shape the region’s future.


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