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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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Getting Children Ready for School - Tips for Working Parents



Here are some tips on how working parents can handle getting children ready for school:

1. Plan ahead: Prepare a schedule for the week ahead, including meal plans, homework schedules, and clothes for the next day. This will help you stay organized and avoid last-minute stress.

2. Involve your children: Encourage your children to take responsibility for their own tasks, such as packing their own lunches and laying out their clothes for the next day. This will help them develop independence and make them feel more involved in the process.

3. Prepare meals in advance: Consider preparing meals in advance, such as on weekends or evenings when you have more time. This will save you time during the week and ensure that your children have healthy meals to eat.

4. Create a homework routine: Establish a homework routine that works for your family, such as setting aside a specific time each day for homework. This will help your children develop good study habits and ensure that they complete their homework on time.

5. Ask for help: Don’t be afraid to ask for help from family members or friends if you need it. You can also consider hiring a babysitter or nanny to help with childcare and household tasks.


Remember, it’s important to take care of yourself as well as your children. Make sure to take breaks when you need them and prioritize self-care activities such as exercise, meditation, or reading a book.

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