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Bill C-30 Just Passed: 5 Ways It Changes Your Wallet in 2026

  Canadian Money Brief Bill C-30 just received Royal Assent — and it touches your gas tank, your TFSA neighbour the RRSP, your CPP statement, and your tax return all at once. Here are the five changes that actually matter for your wallet. 1. The Federal Fuel Excise Tax Is Suspended Until September 7 The federal excise tax on gasoline and diesel is paused from April 20 through September 7, 2026 — shaving 10 cents per litre off gas and 4 cents off diesel at the pump. The tax break also extends to aviation fuel. If you're road-tripping this summer, the savings show up automatically; you don't need to do anything to claim it. Just don't expect it to last past Labour Day weekend, since the suspension is scheduled to expire September 7. 2. Home Buyers' Plan Repayment Window Triples — From 2 Years to 5 If you used your RRSP to fund a down payment through the Home Buyers' Plan, the grace period before you have to start repaying yourself is extending from two years to five, ...

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Tragic Plane Crash Near DC: No Survivors Expected

A devastating plane crash occurred near Ronald Reagan Washington National Airport on Wednesday night, resulting in the tragic loss of all 64 passengers and crew on board. The American Airlines regional jet collided mid-air with a U.S. Army Black Hawk helicopter, leading to a multi-agency search-and-rescue operation in the Potomac River.

Authorities have confirmed that there are no survivors from the crash. D.C. Fire and EMS Chief John Donnelly stated that the wreckage was found in three sections in waist-deep water, and the recovery operation is ongoing. Twenty-eight bodies have been recovered so far, including 27 from the plane and one from the helicopter.

The crash occurred around 9 p.m. EST when the Bombardier CRJ700 regional jet was on approach to the airport. The collision took place on a clear night, and both aircraft were following standard flight patterns.

President Donald Trump expressed his condolences and praised the efforts of first responders. "May God Bless their souls," Trump said in a statement. "Thank you for the incredible work being done by our first responders."

The Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating the incident to determine the cause of the collision.

This tragic event has deeply affected the local community and beyond, with many expressing their sorrow and support for the families of the victims.



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