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UN Slashes 2026 Aid Appeal Amid Rising Global Crises

  FILE PHOTO: A Palestinian girl gestures as she waits to receive food from a charity kitchen, amid a hunger crisis, in Khan Younis, southern Gaza Strip. The United Nations has announced a sharp reduction in its humanitarian aid appeal for 2026, despite acknowledging that global needs are at an all-time high. The organization is seeking $23 billion , roughly half of what it had hoped for, after donor funding plunged to its lowest level in a decade. According to UN officials, this cutback means tens of millions of vulnerable people will be left without assistance , as the agency is forced to prioritize only the most desperate cases. The appeal is part of the Global Humanitarian Overview 2026 , which originally aimed to reach 135 million people across 50 countries. However, with reduced funding, the UN now expects to provide lifesaving support to just 87 million. UN aid chief Tom Fletcher described the situation as one of “ brutal choices ,” noting that humanitarian agencies are o...

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Trudeau's Resignation and CRA's Persistent Issues: A Taxpayer's Dilemma

 

The resignation of Prime Minister Justin Trudeau has thrown the proposed capital gains tax hike into uncertainty. Initially introduced in the April 2024 federal budget, the capital gains inclusion rate proposals aimed to increase the inclusion rate from 50% to 67%. However, with Trudeau's resignation and the prorogation of Parliament, these proposals are now on life support.

The Canada Revenue Agency (CRA) has stated that it will continue to apply the proposed increases even if an election is called. This decision has sparked controversy, with critics arguing that the CRA's administrative policies are not being respected. Despite the political chaos, the CRA maintains that its long-standing practice of asking taxpayers to file based on proposed legislation is proper and grounded in parliamentary convention.

The uncertainty surrounding the capital gains tax hike and the CRA's handling of the situation has left taxpayers in a difficult position. As the political landscape continues to shift, the future of the capital gains proposals remains unclear.


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