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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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Khamenei Warns of Severe Repercussions for US and Israel

 


In a recent address, Iran's Supreme Leader Ayatollah Ali Khamenei issued a stern warning to the United States and Israel, stating that they would face a "crushing response" for their actions against Iran. This declaration comes amid escalating tensions in the region following a series of confrontations.

Khamenei's remarks were made during a speech to students in Tehran, where he emphasized that both the US and Israel would undoubtedly receive a severe retaliation for their actions against Iran and its allies. The Supreme Leader's comments were in response to recent Israeli airstrikes on Iranian military bases, which were themselves a reaction to an Iranian missile attack on Israel.

The situation has heightened fears of a broader conflict in the Middle East, with both sides exchanging threats and military actions. Khamenei's speech highlighted the resolve of Iran and its allied groups, including Hezbollah and Hamas, to respond forcefully to any aggression.

As the region braces for potential further escalations, the international community watches closely, hoping to avoid a full-scale conflict that could have far-reaching consequences.

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