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How to Pay Less Tax in Ontario in 2026 — A Complete Guide for Canadians

             Published: April 2026 | Reading time: 10 min | Category: Tax Savings, Personal Finance If you live in Ontario, you already know the tax bite is real. Between federal and provincial income tax, you could be handing over 43% or more of every extra dollar you earn. The good news? The Canadian tax system is loaded with legal ways to keep more of your money — and most people aren't using all of them. This guide covers every major strategy available to Ontario residents in 2026, from basic deductions to advanced moves that most people miss. Whether you're employed, self-employed, or earning investment income, there's something here for you. Why Ontario Residents Pay More Tax Than Most Canadians Ontario's combined federal and provincial marginal tax rates are among the highest in Canada. Here's what you're actually paying depending on your income in 2026: Taxable Income Combined Federal + Ontario Rate Up to $51,446 ~20.0...
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Liberal Leadership Race Heats Up as High-Profile Candidates Emerge

 

As the race to elect a new Liberal leader quickly approaches, the field of hopefuls is narrowing. Former Bank of Canada governor Mark Carney is expected to launch his bid to replace Prime Minister Justin Trudeau after signaling plans through his campaign team. Former B.C. premier Christy Clark is also debating whether to put her name forward, expressing her serious consideration despite disappointment with the short timeline for the race.

Several high-profile cabinet ministers have announced they will not run, including Labour Minister Steven MacKinnon and Transport and Internal Trade Minister Anita Anand, who each bowed out over the weekend. They join Finance Minister Dominic Leblanc and Foreign Affairs Minister Melanie Joly, who have decided to focus on their portfolios instead.

Hopefuls have until January 23 to declare their candidacy, with the new leader set to be announced on March 9. So far, former Montreal MP Frank Baylis and Nepean, Ont., MP Chandra Arya are the only ones to publicly state their intention to run.

The race is shaping up to be a pivotal moment for the Liberal Party as it seeks new leadership and direction for the future.

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