Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

U.S. Presidential Election: Key Updates and What to Watch For

 

As the U.S. presidential election approaches, both candidates are making their final push to secure votes. Former President Donald Trump and Vice President Kamala Harris are focusing on key battleground states, with rallies and events planned throughout the day.

Trump is scheduled to hold rallies in North Carolina and Pennsylvania, ending his day in Grand Rapids, Michigan. Harris will spend the day in Pennsylvania, visiting cities like Scranton, Allentown, Reading, Pittsburgh, and Philadelphia. Both campaigns are emphasizing the importance of voter turnout, with millions of Americans having already cast their early ballots.

Polls show a tight race, with several key states expected to determine the outcome. The candidates are making their final appeals to voters, highlighting their respective platforms and addressing critical issues such as the economy, healthcare, and national security.

As the nation prepares for Election Day, the world watches closely, anticipating the results of this historic election.



Labels:

Comments

Post a Comment