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Bill C-30 Just Passed: 5 Ways It Changes Your Wallet in 2026

  Canadian Money Brief Bill C-30 just received Royal Assent — and it touches your gas tank, your TFSA neighbour the RRSP, your CPP statement, and your tax return all at once. Here are the five changes that actually matter for your wallet. 1. The Federal Fuel Excise Tax Is Suspended Until September 7 The federal excise tax on gasoline and diesel is paused from April 20 through September 7, 2026 — shaving 10 cents per litre off gas and 4 cents off diesel at the pump. The tax break also extends to aviation fuel. If you're road-tripping this summer, the savings show up automatically; you don't need to do anything to claim it. Just don't expect it to last past Labour Day weekend, since the suspension is scheduled to expire September 7. 2. Home Buyers' Plan Repayment Window Triples — From 2 Years to 5 If you used your RRSP to fund a down payment through the Home Buyers' Plan, the grace period before you have to start repaying yourself is extending from two years to five, ...
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Israel Increases Military Pressure in Northern Gaza: Tanks Enter Jabalia

 

In a significant escalation of the ongoing conflict, Israel has sent tanks into the eastern Jabalia area in the northern Gaza Strip. This move comes after a night of heavy aerial and ground bombardments, resulting in the loss of 19 lives and dozens of injuries. Here are the key points:

  1. Jabalia: The targeted area, Jabalia, is the largest of Gaza’s eight historic refugee camps, home to over 100,000 people. Most of its residents are descendants of Palestinians who were displaced during the 1948 Arab-Israeli war that led to the creation of the state of Israel.

  2. Hamas Military Capabilities: Israeli forces operating in Jabalia aim to prevent Hamas, which controls Gaza, from re-establishing its military capabilities there. Rear Admiral Daniel Hagari, Israel’s military spokesperson, stated that they are acting to eliminate any attempts by Hamas to rehabilitate its military infrastructre.

  3. Civilian Impact: The bombardments have not spared civilians. Saed, a resident of Jabalia, reported that the bombings have been relentless, even near schools housing displaced people. Families are forced to evacuate as the situation escalates.

  4. Other Areas: Israeli forces also targeted Gaza City’s Zeitoun district, where they killed around 30 Palestinian militants. Additionally, tanks re-entered Al-Zeitoun and Al-Sabra, suburbs of Gaza City, destroying several houses, including high-rise residential buildings.

  5. Deir Al-Balah: While tanks did not invade eastern Deir Al-Balah city, there was a gunfight with Hamas fighters on the outskirts. In a separate airstrike, two doctors—a father and his son—lost their lives.

  6. Palestinian Response: The armed wings of Hamas and Islamic Jihad attacked Israeli forces in various areas inside Gaza using anti-tank rockets and mortar bombsRafah, previously the Palestinians’ last refuge, witnessed intense fighting as more than a million people sought shelter there.

  7. War Origins: The conflict was triggered by a Hamas-led attack on southern Israel in October, resulting in significant casualties. Israel’s military operation in Gaza has now claimed the lives of nearly 35,000 Palestinians according to Gaza’s health ministry.

As the situation remains tense, the international community closely monitors developments in the region. The impact on civilians and the humanitarian crisis continue to be major concerns


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