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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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Trump Media Surges as Biden's Debate Performance Falters

Following Joe Biden's lackluster showing in the latest debate, Trump Media Group's shares skyrocketed, reflecting investor confidence in President Trump's electoral prospects. The debate, touted as a critical moment in the campaign, saw Biden falter under pressure, struggling to articulate his policies and counter Trump's aggressive rhetoric effectively.

Throughout the evening, Biden appeared hesitant and at times disoriented, failing to capitalize on opportunities to challenge Trump's record or outline a compelling vision for the future. His inability to deliver clear and coherent arguments contrasted sharply with Trump's assertiveness, leaving many observers questioning Biden's readiness for the presidency.

Meanwhile, Trump Media Group capitalized on the debate fallout, with its shares climbing rapidly in early trading. Investors interpreted Biden's shaky performance as a potential boon for Trump's reelection chances, fueling optimism within the media conglomerate's ranks.

Analysts noted that Biden's struggles could bolster Trump's narrative of being a decisive leader capable of navigating complex challenges, further solidifying his base and appealing to undecided voters. The surge in Trump Media Group's stock price underscores the market's perception of Trump gaining momentum following the debate.

Looking ahead, Biden's campaign faces mounting pressure to regroup and recalibrate its strategy as subsequent debates loom large on the horizon. The outcome of these debates will be critical in shaping voter perceptions and determining the trajectory of the election.

As the election season intensifies, the spotlight will remain on Biden and his ability to rebound from this setback. Whether he can regain momentum and reassure Democratic supporters remains uncertain, with the Trump campaign poised to capitalize on any perceived weaknesses.

In the competitive landscape of American politics, every debate moment counts. Biden's challenge now lies in reclaiming lost ground and convincing voters that he is the best choice to lead the nation forward. The coming days and weeks will undoubtedly test the resilience of both candidates as they vie for the highest office in the land.

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