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WestJet Strike Is Over — Here's What Happens to Your Bookings Now

  Published August 4, 2026 If you spent the long weekend refreshing WestJet's flight status page, you can exhale a little. Early Monday morning, WestJet and the Canadian Union of Public Employees (CUPE) Local 8125 reached a tentative agreement, ending the strike that grounded most of the airline's mainline fleet starting August 2. Both the strike notice and WestJet's lockout notice have been withdrawn. That's genuinely good news if you have an upcoming WestJet booking. But "the strike is over" doesn't mean "everything is back to normal today." Here's what actually changes for your money and your travel plans. What actually happened About 4,400 WestJet cabin crew walked off the job at 12:01 a.m. Mountain Time on August 2, after contract talks broke down over unpaid ground duties and the airline's flight-credit pay system. WestJet responded with a matching lockout notice, and between the two, the airline's normal schedule of roughly 600...

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CRA 2025: New TFSA Limits, Adjusted Tax Brackets, and More!

 

The Canada Revenue Agency (CRA) has announced several key updates for 2025 that will impact taxpayers across the country. Here's a brief overview of the most notable changes:


New TFSA Limits

Starting January 1, 2025, Canadians will be able to contribute an additional $7,000 to their Tax-Free Savings Account (TFSA), bringing the total contribution room to $102,000 for those who have maximized their contributions since the program's inception in 2009. This increase is indexed to inflation and aims to provide more flexibility for savings and investment.


Adjusted Tax Brackets

In response to inflation, the CRA has adjusted the federal tax brackets for 2025. The new brackets are as follows:

  • 0 to $57,375: 15%
  • $57,375 to $114,750: 20.5%
  • $114,750 to $177,882: 26%
  • $177,882 to $253,414: 29%
  • Above $253,414: 33%

These adjustments are designed to ensure that taxpayers are not pushed into higher tax brackets solely due to inflation.


Other Updates

  • The basic personal amount (BPA) has been increased to $16,129, allowing individuals to earn this amount without paying federal income tax.
  • The Canada Pension Plan (CPP) benefits will see a 2.7% inflation adjustment, providing a slight increase in payments.

These changes reflect the CRA's ongoing efforts to adapt to economic conditions and support Canadians in managing their finances effectively.




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