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Canada's Tax Cut 2026: What It Means for Your Wallet

  If you haven't noticed a slightly fatter paycheque in 2026 — you're not imagining it. Canada's middle-class tax cut is now fully in effect, and nearly 22 million Canadians are paying less federal income tax this year. The question is: how much are you actually saving, and what's the smartest thing to do with it? Here's your plain-English breakdown — no tax jargon, no fluff. What Changed — And When In July 2025, the federal government cut the lowest federal income tax rate from 15% to 14% . That rate applies to the first $58,523 of every Canadian's taxable income in 2026 — regardless of how much you earn overall. Because it kicked in mid-year, the effective 2025 rate was a blended 14.5%. In 2026, you get the full 1% reduction from January 1 . Bill C-4 (the Making Life More Affordable for Canadians Act ) received Royal Assent on March 12, 2026 — making this cut permanent law. 2026 Federal Tax Brackets at a Glance The CRA also applied a 2% indexation adjustment...
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Ruby Dhalla Disqualified from Liberal Leadership Race Amid Serious Allegations

 

In a dramatic turn of events, former Member of Parliament Ruby Dhalla has been disqualified from the Liberal leadership race following allegations of multiple rule violations. The Liberal Party of Canada announced the decision on Friday, citing "extremely serious" breaches of the party's leadership and expense rules.

According to Azam Ishmael, the party's national director, Dhalla was found to have committed ten violations, including inaccurate financial reporting and non-disclosure of material facts. The party's leadership vote committee conducted an extensive review process, which included interviews, questionnaires, and an opportunity for Dhalla to address the committees directly.

The allegations against Dhalla also include potential violations of the Canada Elections Act and concerns about foreign interference in her campaign. Dhalla has vehemently denied the accusations, calling them "fabricated, fictitious, and fake". She claims that the disqualification is an attempt to ensure the victory of front-runner Mark Carney.

Dhalla's disqualification comes just days before the party's leadership debates and after she had successfully paid the full amount of $350,000 to stay in the race. With her exit, the remaining contenders for the Liberal leadership are Mark Carney, Chrystia Freeland, Karina Gould, and Frank Baylis.

The decision has sparked controversy and debate within the party, with Dhalla asserting that the allegations are an attack on her ethnic origin and immigrant background. She has indicated that she will not allow her campaign to be tarnished by what she describes as baseless accusations.

As the Liberal Party moves forward with the leadership race, the disqualification of Ruby Dhalla serves as a stark reminder of the high stakes and intense scrutiny involved in the political arena.



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