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New CRA Payroll Changes Effective July 1 May Affect Paycheques

Millions of Canadian employees may notice changes to their paycheques beginning in July 2026 as the Canada Revenue Agency introduces updated payroll deduction formulas. The revisions are part of the agency’s routine mid-year payroll update, designed to ensure employers withhold the correct amount of income tax, Canada Pension Plan (CPP) contributions, and Employment Insurance (EI) Continue reading

New Canada Groceries and Essentials Benefit Payment Coming July 3

Millions of Canadians are preparing for an important federal benefit payment arriving this summer. On Friday, July 3, 2026, the Canada Revenue Agency (CRA) will issue the first quarterly payment under the new Canada Groceries and Essentials Benefit (CGEB), replacing the former GST/HST Credit with permanently higher payments. The new benefit delivers significantly larger payments Continue reading

6 New CRA Benefit Payments Coming in July 2026

July 2026 marks the beginning of a new federal benefit year in Canada, bringing updated payment amounts for millions of residents. The Canada Revenue Agency (CRA) and Service Canada have introduced annual inflation adjustments, revised income thresholds, and higher benefit rates across several major programs. Families with children, seniors, workers, low-income households, and Canadians living Continue reading

Alberta in Talks With Japan to Boost Canadian Crude Imports

Alberta, the heart of Canada’s oil industry, is taking significant steps to expand its presence in Asian energy markets. In a move that could reshape global crude oil trade flows, the Government of Alberta is actively negotiating with Japan to increase exports of Canadian crude oil and help the Asian nation reduce its heavy dependence Continue reading

Documents Show Alberta Considering Three Oil Pipeline Routes Through Northern B.C.

The Alberta government has begun exploring several possible routes for a major new oil export pipeline that could significantly reshape Canada’s energy transportation network. Newly revealed documents have provided the first detailed look at where the proposed project may be located and how it could connect Alberta’s oil production to export terminals on British Columbia’s Continue reading

CRA announces new date for dealers and advisers to apply GST on trailer fees

The decision by the Canada Revenue Agency to postpone the implementation of its revised GST/HST policy on mutual fund trailing commissions marks one of the most significant administrative delays in recent Canadian tax policy for the financial advisory sector. The agency has now extended the deadline to January 1, 2028, giving wealth management firms, fund Continue reading

These federal benefits are rolling out to eligible Canadians this week

Eligible Canadians are set to receive a series of government benefit payments over the coming days, with multiple major federal programs scheduled to issue deposits directly into bank accounts. These payments are part of the regular benefit cycles administered by the Government of Canada, designed to provide income support to retirees, seniors, and eligible veterans. Continue reading

Canadiens score four in opening period, defeat Hurricanes in Game 1 of East Final

The Montreal Canadiens delivered one of their most electrifying opening periods of the postseason, scoring four unanswered goals in the first frame and setting the tone for a statement victory over the Carolina Hurricanes in Game 1 of the Eastern Conference Final. What was expected to be a tightly contested, defensively disciplined battle quickly turned Continue reading

Canadiens lose OT thriller to Hurricanes in Game 3, trail series 2–1

The Carolina Hurricanes escaped with a dramatic 3–2 overtime victory over the Montreal Canadiens on Monday night, taking a crucial 2–1 lead in the Eastern Conference Final. The turning point came at 14:06 of overtime when Andrei Svechnikov delivered the decisive blow, firing a shot through traffic that beat Montreal goaltender Jakub Dobes and silenced Continue reading

Relentless New York Knicks sweep the Cleveland Cavaliers to return to the NBA Finals for the first time since 1999

New York Knicks End a 25-Year NBA Finals Absence with a Dominant Playoff Run The New York Knicks have reached the NBA Finals for the first time since 1999, completing a commanding 4-0 sweep of the Cleveland Cavaliers in the Eastern Conference Finals. The victory not only marks a historic return to basketball’s biggest stage Continue reading

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