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Tax Deadline April 30: The Most Common CRA Mistakes Canadians Make — and How to Avoid Them

Missed deductions, wrong SINs, unreported side income — these are the errors that delay your refund, trigger CRA letters, and quietly cost Canadians millions every year. Here's your 2026 checklist With April 30 just days away, millions of Canadians are racing to pull together slips, receipts, and records before the Canada Revenue Agency's personal income tax deadline. But filing on time and filing  correctly  are two very different things. The CRA flags thousands of returns each year for errors that are entirely preventable — errors that delay refunds, generate costly reassessments, and sometimes result in penalties that linger for months. Whether you're a first-time filer, a seasoned DIY-er, or someone handing everything to an accountant, here are the 10 most common CRA mistakes Canadians make — and exactly how to avoid each one. 1. Misunderstanding the April 30 deadline The filing deadline for most Canadians is  April 30, 2026 . Miss it when you owe money, and you'll ...
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Markets Rally as Trump Prepares for Second Term

                                              

Investors are optimistic as Donald Trump returns to the White House, anticipating benefits from his pro-business agenda. Despite lingering concerns over his protectionist trade policies, the financial markets are hopeful that Trump's promises of tax cuts, deregulation, and immigration reforms will boost economic growth.

During his first term, the S&P 500 saw a significant rise, and many investors are eager to see if history will repeat itself. However, some remain cautious, aware that Trump's tariff plans could potentially increase inflation and impact bond and stock prices.

As Trump gears up to implement a wave of executive orders targeting key policy areas, the cryptocurrency industry is particularly excited about the potential loosening of regulations. Wall Street CEOs have expressed confidence that the incoming administration will be business-friendly, which has already lifted bank stocks and sent cryptocurrencies soaring.

While the markets are currently optimistic, the true impact of Trump's policies will unfold over time, and investors are advised to stay vigilant.




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