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...

article

Diplomacy or Defiance? Bob Rae’s Fox News Tariff Critique Sparks Conservative Outrage

 


In a recent Fox News interview, Canada's Ambassador to the United Nations, Bob Rae, delivered a sharp critique of President Donald Trump’s use of tariffs. Rae argued that leveraging tariffs as a political tool is not only irresponsible but could also destabilize international trade relationships. His comments, which have been labeled “outrageous” by U.S. conservatives, have ignited a fierce debate over the appropriate role of tariffs in economic policy.

Rae’s criticism centered on the notion that tariffs should not be employed as a bargaining chip in political maneuvering. Instead, he emphasized that economic measures must focus on long-term stability and fairness in global trade, rather than serving short-term political interests. This stance has struck a nerve among conservative commentators in the United States, who view his remarks as undermining the legitimacy of current trade policies and bolstering critics of President Trump’s approach.

The fallout from the interview reflects deep partisan divisions regarding trade policy. While Rae’s supporters applaud his call for a more principled and strategic approach to tariffs, detractors argue that his criticism could weaken the U.S. negotiating position on the global stage. As debates over economic strategy continue to simmer, this controversy underscores the challenges inherent in balancing political objectives with sound economic policy.


Comments