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Khamenei Rebukes Trump’s Claim of Destroying Iran’s Nuclear Program

An Iranian missile system is displayed next to a banner with a picture of Iran's Supreme Leader Ayatollah Ali Khamenei during Iranian Defence Week, in a street in Tehran Iran’s Supreme Leader Ayatollah Ali Khamenei dismissed U.S. President Donald Trump’s recent assertion that American strikes had destroyed Iran’s nuclear capabilities. Speaking in Tehran, Khamenei mocked Trump’s remarks, saying, “The U.S. president proudly says they bombed and destroyed Iran's nuclear industry. Very well, keep dreaming!” The comments came after Trump reiterated that U.S. and Israeli strikes earlier this year had “obliterated” key Iranian nuclear facilities. While Washington and Tel Aviv have claimed success in crippling Iran’s nuclear infrastructure, Tehran insists its program remains intact and operational. Khamenei also questioned Washington’s authority to dictate whether Iran should possess nuclear technology, framing the issue as one of sovereignty and national rights. The exchange under...
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Maximizing Savings: A Guide to 2023 CRA Tax Breaks for Canadians

 



As we welcome the new year, it’s crucial to stay informed about the various tax deductions and credits available to Canadians. These financial incentives can significantly reduce your tax bill and potentially result in a substantial refund. Here’s a brief overview of six key tax breaks offered by the Canada Revenue Agency (CRA) for the 2023 tax year:

  • Dividend Tax Credit: Investors can benefit from this credit, which applies to dividends received from stocks like Fortis Inc. The credit is calculated based on a “grossed up” amount of the dividends, leading to a reduced tax bill.

  • RRSP Contributions: Contributions to a Registered Retirement Savings Plan (RRSP) are deductible, lowering your taxable income and, consequently, your tax bill.

  • Work-from-Home Deductions: Self-employed individuals can claim their entire workspace, while conventionally employed workers can deduct work-related expenses.

  • Disability Tax Credit: This credit provides relief for costs incurred due to a severe disability, offering a significant deduction for both oneself and eligible dependents.

  • Tuition Fees: Educational expenses, including tuition and textbooks, are eligible for a tax credit, easing the financial burden of higher education.

  • GST/HST Tax Credit: A direct payment is made to individuals with incomes below a certain threshold, helping to offset the Goods and Services Tax/Harmonized Sales Tax paid throughout the year.

By taking advantage of these tax breaks, Canadians can effectively manage their finances and save money as they navigate the complexities of the tax system. Remember, every deduction counts when it comes to maximizing your savings.

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