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Tehran in Turmoil as Residents Flee Following Trump’s Urgent Warning

The streets of Tehran are rapidly emptying as residents heed an urgent warning from U.S. President Donald Trump, who called for the immediate evacuation  of the Iranian capital amid escalating tensions between Iran and Israel.  Trump’s statement, posted on his Truth Social platform, emphasized that “Iran cannot have a nuclear weapon” and urged the city’s nearly 10 million residents to leave before it was “too late”. His remarks came as Israel intensified its airstrikes on Tehran, targeting key infrastructure and military sites.  Reports indicate that major roads leading out of Tehran are clogged with traffic, as families scramble to find safety. The city’s historic Grand Bazaar has shut down, an unusual move that underscores the severity of the situation. Meanwhile, Iranian authorities insist that “everything is under control” , though no official evacuation order has been issued.  The international community is closely monitoring the crisis, with leaders of the Gro...
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Canada Kicks Off Tax Filing Season


Today marks the official start of the tax filing season in Canada. As of February 24, Canadians can begin submitting their income tax and benefit returns online. This year, the Canada Revenue Agency (CRA) has introduced several updates to its digital services to make the process smoother and more efficient for taxpayers.

One of the key changes for the 2025 tax season is the increase in federal income tax brackets by 2.7% to account for inflation. The new tax rates are as follows:

  • - 15% for earnings up to $57,375
  • - 20.5% for earnings between $57,375.01 and $114,750
  • - 26% for earnings between $114,750.01 and $177,882
  • - 29% for earnings between $177,882.01 and $253,414
  • - 33% for earnings above $253,414

Additionally, the contribution limit for the Registered Retirement Savings Plan (RRSP) has increased to $32,490 for the 2025 tax year, up from $31,560 the previous year. The maximum pensionable earnings and contributions for the Canada Pension Plan (CPP) have also been adjusted, with the Year’s Maximum Pensionable Earnings (YMPE) set at $71,300.

The CRA encourages taxpayers to file their returns early to avoid any last-minute stress and to ensure they receive any refunds or benefit payments they may be eligible for. The deadline for most individuals to file and pay any taxes owed is April 30, 2025. Self-employed Canadians have until June 16, 2025, to file their tax returns, but any money owed should be paid by April 30 to avoid interest charges.

For more information on the 2025 tax filing season and to access helpful resources, visit the CRA's official website.



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