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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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Chaos Unleashed: 6,000 Inmates Escape Amid Mozambique's Post-Election Turmoil

In a shocking turn of events, at least 6,000 inmates escaped from Maputo Central Prison in Mozambique on Christmas Day. The mass breakout occurred amid widespread post-election violence and riots following the confirmation of the ruling Frelimo party's victory in the October 9 elections.

The escape began around midday when a group of subversive protesters agitated near the prison, leading to a confrontation with security forces. During the chaos, prisoners managed to snatch weapons from prison warders and began freeing other detainees. The situation escalated further when a wall collapsed, allowing the inmates to flee.

Mozambique's police chief, Bernardino Rafael, reported that 33 prisoners died and 15 others were injured during the confrontation. Among the escapees were 29 convicted terrorists, raising significant concerns for the country's security forces.

Videos circulating on social media show the moment inmates left the prison, with some prisoners attempting to hide in homes, only to be recaptured by military personnel and prison guards. The police chief has called for the voluntary surrender of the escaped prisoners and urged the public to remain vigilant.

The prison break is a stark reminder of the volatile situation in Mozambique, as the country grapples with the aftermath of a contentious election and the ensuing violence.

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