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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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Diplomatic Tensions Escalate: India Condemns Canada’s Expulsion of Diplomats

 


In a significant escalation of diplomatic tensions, India has strongly condemned Canada’s recent expulsion of six Indian diplomats. The Indian government described the move as “preposterous imputations” driven by Canadian Prime Minister Justin Trudeau’s political agenda. This development follows the assassination of Sikh separatist leader Hardeep Singh Nijjar on Canadian soil, which has been a point of contention between the two nations.

Canada’s Foreign Minister, Mélanie Joly, stated that India was asked to waive diplomatic and consular immunity to cooperate in the investigation but refused. In retaliation, India has expelled six Canadian diplomats, further straining the already tense relations between the two countries.

The diplomatic row underscores the complexities and sensitivities surrounding international relations and the impact of domestic political agendas on global diplomacy. Both nations now face the challenge of navigating this crisis while maintaining their respective national interests.

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