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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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Controversy Surrounds Kamala Harris’ VP Frontrunner Amid Harassment Cover-up Allegations

 

In a recent development, Pennsylvania Governor Josh Shapiro, a leading contender to be Vice President Kamala Harris’ running mate, has been accused of covering up a sexual harassment scandal. The allegations were brought to light by Erin McClelland, a Democrat running for Pennsylvania’s state treasurer. McClelland claimed that Shapiro is unfit to be Harris’ vice-presidential pick, citing his alleged insecurity about being “second under a woman” and his involvement in a harassment cover-up.

McClelland’s accusations focus on Shapiro’s handling of a harassment case involving his top legislative liaison, Mike Vereb. Shapiro’s office reportedly paid $295,000 in a settlement to a woman who accused Vereb of harassment, but Vereb did not resign until months later. McClelland expressed her concerns on social media, suggesting that Harris should consider other candidates who are more secure in their roles and supportive of female leadership.

This controversy has sparked a debate about the qualities needed in a vice-presidential candidate and the importance of addressing harassment allegations transparently. As the Democratic Party prepares for the upcoming election, these allegations could impact Shapiro’s chances of being selected as Harris’ running mate.


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