Skip to main content

Featured

RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
Post a Comment
Read more

article

Labels

China Strikes Back: Retaliatory Tariffs Signal Renewed Trade Tensions

 

New U.S. tariffs have come into force, triggering an immediate response from Beijing. As the 10% duty on Chinese exports takes effect, Chinese officials have announced a series of countermeasures aimed at protecting national interests and sending a strong message to Washington.

In a swift reply, China will impose a 15% tariff on U.S. coal and liquefied natural gas imports, and a 10% levy on U.S. crude oil, agricultural machinery, and large vehicles. The retaliatory measures also extend to the imposition of export controls on key rare earth metals that are critical for high-tech manufacturing and the transition to clean energy. In addition, Chinese regulators have launched an antitrust investigation into Google, further intensifying the dispute.

Although these new tariffs are scheduled to take effect on Monday, their announcement underscores Beijing’s readiness to challenge U.S. protectionist policies. China has vowed to defend its interests through legal channels at the World Trade Organization, while also leaving open the possibility for negotiations aimed at de-escalating the growing trade conflict.

These developments highlight that, despite ongoing calls for dialogue, the trade dispute between the world’s two largest economies remains far from resolved.


Labels:

Comments

Post a Comment