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Federal Budget

6 articles in this category

2026 Federal Budget: Every Tax Change That Affects You

The 2026 federal budget introduces targeted changes to the capital gains inclusion rate, updated RRSP and TFSA limits, and new housing credits. Here is what every Canadian needs to know before filing.

Marc Leblanc, CPA, CA 9 min read Featured

2025 Federal Budget: AMT Reform, Housing Measures, and SR&ED Changes

The 2025 budget adjusts the Alternative Minimum Tax exemption threshold, introduces a new rental housing accelerator, and overhauls SR&ED eligibility for Canadian-controlled private corporations. Full breakdown inside.

Marc Leblanc, CPA, CA 10 min read Featured

2024 Federal Budget: Capital Gains Hike, AMT Reform, and Housing Measures

The 2024 federal budget proposed raising the capital gains inclusion rate from one-half to two-thirds for corporations and individuals with gains above $250,000. It also overhauled the Alternative Minimum Tax and introduced a new homebuilder credit.

Marc Leblanc, CPA, CA 11 min read Featured

2023 Federal Budget: FHSA Launches, Grocery Rebate, and Dental Care

The 2023 federal budget confirmed the First Home Savings Account launch date, delivered a one-time Grocery Rebate of up to $467, and expanded the Canadian Dental Care Plan to additional age groups.

Marc Leblanc, CPA, CA 9 min read

2022 Federal Budget: FHSA Announced, Housing Anti-Flipping, and Dental Benefit

The 2022 federal budget announced the creation of the First Home Savings Account, proposed an anti-flipping rule for residential real estate sold within 12 months, and introduced a transitional Canada Dental Benefit for low-income families.

Marc Leblanc, CPA, CA 9 min read

2021 Federal Budget: Luxury Tax, Childcare, and Business Support Winds Down

The 2021 federal budget introduced a new Luxury Tax on vehicles and aircraft over $100,000, committed $30B to a national childcare system, and signalled the gradual wind-down of COVID-19 emergency business supports.

Marc Leblanc, CPA, CA 9 min read