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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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Turmoil in Trump’s Trial: Jury Selection Amidst Controversy

 

The jury selection for former President Donald Trump’s trial has been a whirlwind of events, marked by unexpected turns and courtroom drama. A juror, previously seated, was dismissed due to concerns over media exposure of her identity. Adding to the tumult, Trump was observed using his cellphone, a clear breach of court regulations.

Key Developments:

  • Dismissed Juror: The revelation of a juror’s identity by the press led to her dismissal, highlighting the intense public scrutiny surrounding the trial.
  • Courtroom Conduct: Trump’s cellphone use in court flouts the established rules, underscoring the unconventional nature of the proceedings.
  • Awaiting Justice: With the jury now finalized, the stage is set for the trial to unfold, as the world watches with bated breath.

This article encapsulates the latest updates from the high-profile legal battles involving Donald Trump, as the nation anticipates the outcomes of the various charges laid against him.

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