Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Tensions Rise Following Israeli Drone Strike in Lebanon

 

In the early hours of Thursday, an Israeli drone strike in eastern Lebanon resulted in the death of a prominent militant leader, Muhammed Jabara, affiliated with both Hamas and the Lebanese Islamist group al-Jamaa al-Islamiya. The strike occurred in the village of Ghazzeh, located in the Western Beqaa District, approximately 40 kilometers from the Israeli border.

Jabara, a key figure in orchestrating attacks against Israel, was targeted while driving. The Israeli Defense Forces (IDF) confirmed the strike, stating that Jabara was responsible for planning and executing attacks, including rocket fire, on northern Israel. His death is seen as a significant blow to the operational capabilities of Hamas and its allies in the region.

The aftermath of the strike has heightened tensions along the Lebanon-Israel border, with increased military presence and heightened alertness on both sides. Lebanese state media reported that the strike has led to a surge in security measures and a state of heightened vigilance among militant groups.

This incident is part of a broader pattern of escalating hostilities between Israel and militant groups in Lebanon, often involving cross-border skirmishes and retaliatory attacks. The situation remains volatile, with potential implications for regional stability and security.

As the region braces for possible further escalations, international observers are calling for restraint and dialogue to prevent a full-scale conflict.



Labels:

Comments

Post a Comment