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Five Key Tax Changes Coming in 2026: What Canadians Need to Know

  As 2026 approaches, Canadians can expect several important updates to the federal tax system. These changes affect retirement planning, income tax brackets, and a range of credits that influence how much individuals and families will owe—or save—when filing their returns. Here’s a quick look at five of the most notable adjustments. 1. Higher RRSP Contribution Limits Canadians will be able to contribute more to their Registered Retirement Savings Plans (RRSPs) in 2026, thanks to inflation indexing. The increased limit gives savers more room to reduce taxable income while building long‑term retirement security. 2. Updated Federal Tax Brackets Income tax brackets will shift upward to reflect inflation. This means more of your income will be taxed at lower rates, helping offset rising living costs and preventing “bracket creep,” where inflation pushes taxpayers into higher tax brackets without real income gains. 3. Increased Basic Personal Amount (BPA) The Basic Personal Amoun...

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Tragedy in Gaza: Civilians Face Devastating Losses Amid Conflict


In a deeply troubling escalation of violence, Israeli airstrikes have reportedly killed at least 100 Palestinians in Gaza, including 27 individuals who were seeking refuge in a school. Palestinian health officials have described the situation as catastrophic, with civilian casualties mounting as the strikes continue. 

The targeted school had been serving as a shelter for displaced families, highlighting the vulnerability of those caught in the crossfire. Witnesses and local authorities have expressed shock and grief over the loss of life, particularly among women and children. 

This incident underscores the urgent need for international intervention and humanitarian aid to address the growing crisis in Gaza. As the conflict intensifies, the global community faces mounting pressure to advocate for peace and protect innocent lives.

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