The Three Tax Ds that Matter Most for Canadians in 2026

The three tax Ds that matter most for Canadians in 2026

Deducting expenses, deferring taxes and dividing income will all save you money this year

Easy money? Tax breaks coming in 2026, but higher bills may eat up the savings

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 shifted slightly. Income up to $58,523 will be…