Skip to main content

Featured

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...

article

Your daily horoscope: December 13

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Your way with words will open many doors over the coming year but just because they are open does not mean you have to walk through each and every one of them. Choose only those doors that let in the light.

ARIES (March 21 - April 20):

You are under no obligation to explain your actions or your motivations to other people. Some of your friends and relatives may think you are pushing your luck too far but you suspect, rightly, that you are nowhere near your limit yet.

TAURUS (April 21 - May 21):

The more you are told that certain things cannot be done the more determined you will be to prove the doubters wrong. Just be careful that in your desire to impress you don’t take on a task that is beyond even your miraculous powers.

GEMINI (May 22 - June 21):

If you let your emotions get the better of you today you may regret it around the time of the full moon on Sunday, so summon up all your powers of self-control and let the negative things others say and do sail over your head.

CANCER (June 22 - July 23):

You will be on the move a lot over the next few days but you need to be sensible about your plans. If you rush blindly in every direction not only will you not get very far but you may collide with an immovable object!

LEO (July 24 - Aug. 23):

You may be inclined to relieve your tension by going on a spending spree today but the planets warn if you do that you could run out of cash faster than you expected. Find less costly ways to feel good about yourself.

VIRGO (Aug. 24 - Sept. 23):

The bad news is you could find yourself reacting to one crisis after another over the next 24 hours. The good news is that each and every one of them will be minor in nature – so why not just ignore them?

LIBRA (Sept. 24 - Oct. 23):

It may appear as if someone has been taking advantage of you but the planets suggest you are most likely imagining things. Even if you have been cheated out of a dollar or two does it really matter? Not in the greater scheme of things.

SCORPIO (Oct. 24 - Nov. 22):

Even if you rush here, there and everywhere today and over the weekend it is unlikely you will get where you most want to be. The message of the stars is that you need to slow down and get your thoughts in some sort of order.

SAGITTARIUS (Nov. 23 - Dec. 21):

Be careful you don’t take on more work than you can comfortably handle. The best way to impress employers and other important people is to avoid extremes and to finish what you started without appearing to work up much of a sweat.

CAPRICORN (Dec. 22 - Jan. 20):

This could be and should be a lucky day for you but you also need to keep an eye on the approaching full moon. When making plans, both at home and at work, avoid wishful thinking and be ultra realistic about what is possible.

AQUARIUS (Jan. 21 - Feb. 19):

If you come across as a bit too eager today you could give rivals the impression that you are desperate to succeed, which will encourage them to place obstacles in your path. Act as if you don’t have a care in the world.

PISCES (Feb. 20 - Mar. 20):

A colleague or loved one seems to be battling one inner demon after another of late and your efforts to help them have not had the desired effect. Try backing off a bit and giving them the space to find their own answers.

Comments