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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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US Dollar Suffers Largest Weekly Drop Since November 2023 Amid Tariff Uncertainty

The US dollar experienced its largest weekly decline since November 2023, driven by growing concerns over tariff policies. The currency dropped as much as 0.8% against a basket of currencies on Friday, before closing the week down 1.8%. This volatility was sparked by President Donald Trump's recent comments suggesting a softer stance on tariffs against China.

During an interview with Fox News, Trump mentioned that his conversation with Chinese President Xi Jinping was friendly and expressed optimism about reaching a trade deal. This uncertainty around trade policy has kept equity markets on edge, with the S&P 500 index down 0.3%, the Dow Jones Industrial Average losing 0.3%, and the Nasdaq Composite shedding 0.5%.

Analysts warn that the dollar could rise again if US tariff and interest rate policies shift. However, for now, the market remains cautious as it navigates through the ongoing trade policy uncertainties.




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