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Italy Advances Tougher Measures on Migrant Arrivals

ILE PHOTO: Italian Prime Minister Giorgia Meloni attends a bilateral meeting with U.S. Vice President JD Vance (not pictured), during his visit to the Milano Cortina 2026 Winter Olympics in Milan, Italy, February 6, 2026.  Italy’s government has approved a new migration bill that would grant authorities the power to impose temporary naval blockades during periods of intense pressure on the country’s borders. The proposal, backed by Prime Minister Giorgia Meloni, is designed to curb irregular sea crossings by restricting access to Italian territorial waters. The draft law would allow officials to bar vessels from entering for up to 30 days, with the option to extend the measure to six months if national security or public order is deemed at risk. The plan also strengthens border surveillance, increases penalties for human smuggling, and expands the list of offenses that can lead to deportation. Supporters argue the move is necessary to manage migration flows more effectively, whi...
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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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