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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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CRA Extends Deadline for Claiming Charitable Tax Benefits

                                         

The Canada Revenue Agency (CRA) has confirmed the extension of the deadline for claiming certain charitable tax benefits for the 2024 tax year. Originally set to expire at the end of December 2024, the new deadline has been extended to February 28, 2025.

This extension aims to provide donors with additional time to ensure their contributions are received and processed, especially in light of the recent Canada Post mail stoppage. The CRA will administer this proposed legislation, consistent with its longstanding practice.

Individuals, corporations, and graduated rate estates can now claim eligible donations made up to the new deadline on their 2024 tax returns. For more information, visit the CRA website or the Department of Finance Canada website.





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