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FIFA World Cup 2026: What It Means for Your Wallet as a Canadian

  Canada is officially a World Cup host nation — and today the country kicks off its home opener. Here's the honest breakdown of what this tournament means for your money, whether you're sitting in the stands, watching from the couch, or just trying to book a hotel room anywhere near Toronto or Vancouver. 🏆 Canada's Home Games: The Schedule at a Glance For the first time since 1986, Canada is back on the men's World Cup stage — and this time, we're co-hosting it. Les Rouges, under head coach Jesse Marsch, are playing three group-stage matches on home soil: Date Match Venue Time (ET) June 12 Canada vs. Bosnia-Herzegovina BMO Field, Toronto 3:00 PM June 18 Canada vs. Qatar BC Place, Vancouver 6:00 PM June 24 Canada vs. Switzerland BC Place, Vancouver 3:00 PM The squad skews young — average age 25 — and leans heavily on superstar captain Alphonso Davies, who has been racing to recover from injury in time to feature. With 13 total games being played across Toronto and ...
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CRA 2025: New TFSA Limits, Adjusted Tax Brackets, and More!

 

The Canada Revenue Agency (CRA) has announced several key updates for 2025 that will impact taxpayers across the country. Here's a brief overview of the most notable changes:


New TFSA Limits

Starting January 1, 2025, Canadians will be able to contribute an additional $7,000 to their Tax-Free Savings Account (TFSA), bringing the total contribution room to $102,000 for those who have maximized their contributions since the program's inception in 2009. This increase is indexed to inflation and aims to provide more flexibility for savings and investment.


Adjusted Tax Brackets

In response to inflation, the CRA has adjusted the federal tax brackets for 2025. The new brackets are as follows:

  • 0 to $57,375: 15%
  • $57,375 to $114,750: 20.5%
  • $114,750 to $177,882: 26%
  • $177,882 to $253,414: 29%
  • Above $253,414: 33%

These adjustments are designed to ensure that taxpayers are not pushed into higher tax brackets solely due to inflation.


Other Updates

  • The basic personal amount (BPA) has been increased to $16,129, allowing individuals to earn this amount without paying federal income tax.
  • The Canada Pension Plan (CPP) benefits will see a 2.7% inflation adjustment, providing a slight increase in payments.

These changes reflect the CRA's ongoing efforts to adapt to economic conditions and support Canadians in managing their finances effectively.




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