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How to Pay Less Tax in Ontario in 2026 — A Complete Guide for Canadians

             Published: April 2026 | Reading time: 10 min | Category: Tax Savings, Personal Finance If you live in Ontario, you already know the tax bite is real. Between federal and provincial income tax, you could be handing over 43% or more of every extra dollar you earn. The good news? The Canadian tax system is loaded with legal ways to keep more of your money — and most people aren't using all of them. This guide covers every major strategy available to Ontario residents in 2026, from basic deductions to advanced moves that most people miss. Whether you're employed, self-employed, or earning investment income, there's something here for you. Why Ontario Residents Pay More Tax Than Most Canadians Ontario's combined federal and provincial marginal tax rates are among the highest in Canada. Here's what you're actually paying depending on your income in 2026: Taxable Income Combined Federal + Ontario Rate Up to $51,446 ~20.0...

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U.S. Futures Steady as Investors Await Economic Data and Powell’s Speech

 

U.S. stock index futures remained largely unchanged on Thursday morning as investors awaited key economic data and a speech by Federal Reserve Chair Jerome Powell. The producer price index (PPI) for October and weekly jobless claims data are expected to be released at 8:30 a.m. ET, which could provide insights into corporate pricing power and the broader economic outlook.

Market participants are also keenly anticipating Powell’s comments later in the day, hoping for clues on future monetary policy. Traders are currently pricing in a high probability of a 25-basis point interest rate cut at the Fed’s December meeting, following recent consumer price index data that aligned with forecasts.

In premarket trading, Dow E-minis were up 0.19%, S&P 500 E-minis rose 0.09%, and Nasdaq 100 E-minis edged up 0.04%. Shares of cryptocurrency-focused companies saw gains, with Coinbase Global up 3.8% and bitcoin buyer MicroStrategy rising 3.4%.

Investors will be closely monitoring Powell’s speech for any indications of how the Fed plans to navigate the current economic landscape, especially in light of inflationary pressures and potential policy shifts under the incoming administration.


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