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How Canada's 2026 Tax Changes Put More Money Back in Your Pocket

  Big news for your paycheque Canada's 2026 tax changes are officially in effect — and for most Canadians, they mean less tax, more savings room, and a bigger take-home. Here's everything you need to know in plain language. Lower rates, bigger RRSP room, and smart moves that could save you up to $840 this year 💡 Tax Tips 🇨🇦 Canada 📅 May 2026 If you haven't checked your pay stub lately, now is a great time. Canada's federal government rolled out several meaningful tax changes for 2026 — and whether you're a first-time filer, a savvy RRSP investor, or just trying to keep more of what you earn, these updates affect you. We've broken it all down below so you know exactly where the savings are and how to take full advantage. 14% New lowest federal tax rate (down from 15%) $840 Max savings for a two-income couple $33,810 2026 RRSP contribution limit $7,000 Annual TFSA contribution room 1. Your Tax Rate Just Got Lower The biggest headline: the lowest federal income...
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Ontario Braces for Freezing Rain: Power Outages and Travel Disruptions Expected

A freezing rain warning has been issued for much of Ontario, including Toronto, as a potent storm is set to hit the region this weekend. Environment Canada predicts the storm will bring varying precipitation, including rain, snow, and freezing rain, depending on temperatures. Ice accumulation of up to 10 millimeters is expected in Toronto, while areas like Parry Sound and Kingston could see upwards of 25 millimeters.

The freezing rain is anticipated to begin Friday evening and persist through Sunday morning. Higher terrain areas may experience prolonged freezing rain due to cooler temperatures. The storm poses risks such as power outages, slippery roads, and broken tree branches. Residents are advised to prepare for potential disruptions and avoid non-essential travel.



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