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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...

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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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