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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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Maximizing Fun and Memories on Your Vacation




Having fun on your vacation is all about embracing new experiences and immersing yourself in the destination's unique offerings. Start by planning activities that align with your interests, whether it's exploring historical landmarks, basking in the beauty of nature, or indulging in local cuisine.


 Allow yourself to be spontaneous and open to unexpected opportunities, such as joining local festivities or making new friends. Capture memories through photographs, but also take moments to appreciate the present without distraction. 


Embrace relaxation by lounging on the beach, reading a book, or simply doing nothing at all. The key to a truly enjoyable vacation is finding the right balance between planned activities and moments of serendipity, ensuring you return home with a heart full of cherished memories and a refreshed spirit.

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