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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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A Historic Moment: The Philippines Awaits a Possible Filipino Pope

As the papal conclave unfolds in Vatican City, the Philippines is watching with keen anticipation. With three Filipino cardinals—Luis Antonio Tagle, Jose Advincula, and Pablo Virgilio David—eligible to vote and be voted for, the possibility of a Filipino pope has never been more tangible.

Among the contenders, Cardinal Luis Antonio Tagle has emerged as a strong candidate. Often referred to as the "Asian Francis," Tagle has won admiration for his progressive approach and humble demeanor. His potential election would mark a historic moment, making him the first Filipino and Asian pope.

The conclave, a centuries-old tradition, remains shrouded in secrecy. Cardinals cast their votes in the Sistine Chapel, with black smoke signaling an inconclusive vote and white smoke announcing the election of a new pontiff. As the world waits, Filipinos are hopeful that one of their own may soon lead the Catholic Church.


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