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How 2026 Tax Changes Could Shape Your Filing Season

  The 2026 tax year brings a mix of adjustments that may influence how you prepare and file your return. While some updates are modest, others introduce new credits, reporting rules, and digital requirements that could affect individuals, families, and businesses. Key Changes Affecting Your 2026 Filing New and updated tax measures The federal government is rolling out targeted updates, including a personal support worker tax credit running from 2026 to 2030, offering relief to workers in this essential sector. Improved filing experience The Canada Revenue Agency is emphasizing faster, more secure digital services. Filing for the 2025 tax year opens on February 23, 2026 , with enhanced online tools designed to reduce wait times and streamline the process. Broader CRA changes Canadians can expect a combination of tax relief, inflation adjustments, and stricter compliance rules. These include lower federal tax rates, higher contribution limits for registered accounts, ...
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Ontario Premier Doug Ford Calls Snap Election for February 27

Ontario Premier Doug Ford is set to call a snap election next week, sending voters to the polls on February 27. This unexpected move comes as Ford seeks a fresh mandate to address the looming threat of tariffs from the United States under President Donald Trump. The provincial election, originally scheduled for June 2026, has been advanced as Ford emphasizes the need for a "strong mandate" to protect Ontario's economy and jobs.

Ford's decision has sparked criticism from opposition leaders, who accuse him of prioritizing his political career over the province's stability. Ontario Liberal leader Bonnie Crombie expressed her disapproval, stating that Ford has chosen "recklessness over responsibility". Despite the controversy, recent polls indicate that Ford's Progressive Conservative Party holds a significant lead, with 46% of respondents supporting the Conservatives.

The upcoming election will be the first mid-winter election in Ontario since 1981. As the province braces for this unexpected political event, all eyes will be on Ford's announcement next week and the subsequent campaign trail.

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