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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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Southern Europe Braces for Prolonged Heat Wave Amid Wildfire Concerns

 


Greek authorities have issued a warning about an impending weeklong heat wave during the summer tourist season. Much of southern Europe is sweltering under high temperatures, with a high risk of dangerous wildfires. The heat wave, expected to last at least a week, comes after June 2024 was declared the hottest June on record in Greece. Southwesterly winds from Africa are driving temperatures to sometimes exceed 40 degrees Celsius (104 Fahrenheit) until July 19.

In neighboring North Macedonia, authorities have also taken action. They’ve issued a weeklong heat alert starting Friday in the small, landlocked Balkan country. People are urged to stay indoors when possible and avoid heavy labor during the hottest hours of the day. Emergency measures include keeping pregnant women and people over 60 off work, banning construction from 11 a.m. to 5 p.m., and moving kindergarten classes indoors after 11 a.m. Health officials have reported an increase in heat-related health problems, and wildfires have surged, with 14 registered nationwide in the past 24 hours.

Greece, too, faces a very high risk of wildfires, and this summer has been described as the most dangerous in the past 20 years. Unusually dry winter and spring conditions have left vegetation and forests tinder-dry. Greek firefighters, aided by drones and a strengthened fleet of water-bombing aircraft, have battled over 2,000 wildfires since June. While most were contained quickly, the threat remains. Let’s hope for cooler days ahead and vigilance in fire prevention efforts. 


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