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Rising Tensions: Reports Hint at Possible U.S. Move Toward Iran

In this frame grab from footage circulating on social media from Iran, protesters once again take to the streets of Tehran despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world in Tehran, Iran, January 10, 2026. Regional tensions have intensified as Israeli officials place the country on heightened alert amid growing speculation that the United States may be preparing to take action involving Iran. The shift comes at a moment when Iran is facing widespread domestic unrest, with demonstrations erupting across major cities and drawing international attention. Washington has issued increasingly sharp warnings to Iran’s leadership about the use of force against protesters, emphasizing that the U.S. is monitoring the situation closely. While American officials have not confirmed any operational plans, the possibility of U.S. involvement is being taken seriously by regional governments. The heightened alert follows a period of volatility mark...
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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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