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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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Tragedy Strikes: Israeli Airstrike Claims 18 Lives in Gaza Strip


In a devastating incident, an Israeli airstrike in the Gaza Strip resulted in the loss of at least 18 lives from the same family. The strike targeted a house and an adjacent warehouse that were sheltering displaced people at the entrance to Zawaida town. 

Despite ongoing mediation efforts for a cease-fire, the violence continues to escalate, leaving families shattered and communities in mourning. Our hearts go out to those affected by this tragedy. 

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