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How 2026 Tax Changes Could Shape Your Filing Season

  The 2026 tax year brings a mix of adjustments that may influence how you prepare and file your return. While some updates are modest, others introduce new credits, reporting rules, and digital requirements that could affect individuals, families, and businesses. Key Changes Affecting Your 2026 Filing New and updated tax measures The federal government is rolling out targeted updates, including a personal support worker tax credit running from 2026 to 2030, offering relief to workers in this essential sector. Improved filing experience The Canada Revenue Agency is emphasizing faster, more secure digital services. Filing for the 2025 tax year opens on February 23, 2026 , with enhanced online tools designed to reduce wait times and streamline the process. Broader CRA changes Canadians can expect a combination of tax relief, inflation adjustments, and stricter compliance rules. These include lower federal tax rates, higher contribution limits for registered accounts, ...
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Market Jitters: U.S. Stock Futures Slide Amid Trump’s Criticism of Fed Chair Powell

U.S. stock futures took a hit early Monday as investors reacted to President Donald Trump’s escalating criticism of Federal Reserve Chair Jerome Powell. The remarks, which included renewed calls for Powell’s removal, have raised concerns about the central bank’s independence and its ability to navigate monetary policy effectively.

Trump’s latest comments follow reports that his administration is exploring whether firing Powell is an option. The uncertainty surrounding the Fed’s leadership has added to market volatility, with Dow E-minis dropping 344 points (0.87%), S&P 500 E-minis falling 53.75 points (1.01%), and Nasdaq 100 E-minis declining 209.25 points (1.14%).

Investors are already grappling with broader economic concerns, including ongoing trade tensions and the potential for further interest rate cuts. The dollar weakened against major currencies, while safe-haven assets like gold saw gains. Meanwhile, major tech and growth stocks, including Tesla and Nvidia, also faced premarket declines.

With uncertainty looming over both trade policy and monetary decisions, market participants will be closely watching upcoming economic data and corporate earnings reports for further direction.

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