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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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Tensions Escalate as Israeli Ground Invasion of Lebanon Looms

 

In a significant escalation of regional tensions, Israel is preparing for an imminent ground invasion of southern Lebanon. This move comes after weeks of intense cross-border skirmishes and the recent killing of Hezbollah leader Hassan Nasrallah.

Israeli Defense Minister Yoav Gallant has been vocal about the necessity of this operation, emphasizing the need to dismantle Hezbollah’s military infrastructure near the border. “The elimination of Nasrallah is an important step, but it is not the final one,” Gallant stated during a meeting with troops. He highlighted that the objective is to ensure the safety of northern Israeli communities, which have been under threat from Hezbollah’s rocket attacks.

The Biden administration has expressed concerns over the potential invasion, urging Israel to consider the broader implications. U.S. officials have warned that such an operation could bolster support for Hezbollah among the Lebanese population. Despite these warnings, Israel appears determined to proceed, with troop movements and preparations indicating that the invasion could commence at any moment.

The situation remains fluid, with both sides bracing for what could be a significant and prolonged conflict. The international community watches closely, hoping for a resolution that avoids further bloodshed and instability in the region.


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