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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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Escalation in Gaza: Israeli Strikes Kill 40, Tanks Advance in the North

 

The conflict in Gaza has intensified as Israeli military strikes have killed at least 40 Palestinians across the Gaza Strip. The Israeli forces have tightened their grip around Jabalia in the north, engaging in fierce battles with Hamas-led fighters.

The escalation comes amid a broader offensive that has seen Israeli tanks advancing into northern Gaza, including the towns of Beit Lahiya and Beit Hanoun. The Israeli military’s stated aim is to eliminate Hamas fighters regrouping in these areas.

Palestinian health officials reported multiple casualties from Israeli airstrikes, including 11 people near Al-Falouja in Jabalia and 10 others in Bani Suhaila in eastern Khan Younis. Additional strikes destroyed homes in Gaza City and the Nuseirat camp, resulting in further loss of life.

The United Nations has expressed concern over the humanitarian impact, noting that the Israeli military appears to be cutting off northern Gaza from the rest of the enclave. This has raised fears of a potential forced displacement of residents, a claim Israel denies.

As the conflict continues, the international community watches closely, urging both sides to prioritize the safety and well-being of civilians caught in the crossfire.


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