Every November, the Canada Revenue Agency (CRA) updates key tax figures for the upcoming year. These changes affect federal income tax brackets, non-refundable credits, contribution limits for registered plans like RRSPs and TFSAs, and even minimum withdrawal rates for RRIFs. The adjustments are largely driven by inflation, using the Consumer Price Index as a benchmark. For 2026, the indexation factor is 2.0% , which means thresholds and credits have nudged upward but, there’