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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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Tragedy on the Field: Israel Vows Retaliation Against Hezbollah After Deadly Rocket Attack

 

In a tragic turn of events, Israel has vowed to strike hard against Hezbollah after a rocket attack killed 12 children and teenagers on a football field in the Israeli-occupied Golan Heights. The attack, which occurred on Saturday evening in the Druze village of Majdal Shams, has been described as the deadliest in the region since the conflict with Hamas escalated last October.

Israeli Prime Minister Benjamin Netanyahu, who cut short his visit to the United States, is expected to convene his security cabinet to discuss the nation’s response. “We will hit the enemy hard,” stated Defense Minister Yoav Gallant during his visit to the site of the attack.

Hezbollah, while admitting to firing rockets at Israeli military sites, has denied any involvement in the attack on the football field. However, Israeli authorities have placed the blame squarely on the Iran-backed group, citing forensic evidence that the rocket was an Iranian-made Falaq-1.

The United States has condemned the attack, reaffirming its support for Israel’s security and urging efforts to de-escalate the conflict. Meanwhile, families in Majdal Shams are mourning the loss of their loved ones, with funeral ceremonies held amidst calls for justice and peace.

This incident threatens to further escalate tensions in the region, with both sides urged to exercise maximum restraint to avoid a wider conflict.


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