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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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Grandmother Feared Swallowed by Sinkhole While Searching for Cat

 


Authorities are currently conducting a search and rescue mission for 64-year-old Elizabeth Pollard, who is feared to have been swallowed by a sinkhole while looking for her cat, Pepper. The incident occurred in the village of Marguerite, about 40 miles east of Pittsburgh.

Pollard's family reported her missing early Tuesday morning after she went out Monday evening to search for her cat. Her car was found parked near the Union Restaurant, and her 5-year-old granddaughter was discovered safe inside the vehicle. The sinkhole, which appeared to be new, was not noticed by hunters and restaurant workers in the area earlier in the day.

Rescue teams have been using an excavator and a pole camera with a sensitive listening device to search the area. A shoe was spotted about 30 feet below the surface, leading authorities to believe Pollard may still be in a void. The sinkhole is suspected to have been caused by subsidence from old coal mining activity in the area.

The community is holding out hope for a positive outcome as the search continues.




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