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Easy money? Tax breaks coming in 2026, but higher bills may eat up the savings
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Easy money? Tax breaks coming in 2026, but higher bills may eat up the savings
socastcmsRssStartBob PerreaultsocastcmsRssEnd Canadians will see modest tax relief in 2026, but rising costs for food, housing and utilities are expected to erase much of the financial gain. The Canada Revenue Agency has released the federal income tax brackets for 2026, adjusted for inflation. The indexation increase will be two per cent, lower than the 2.7 per cent increase in 2025. While tax rates remain unchanged, the income thresholds have…
·Northumberland County, Canada
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