Canada’s 2025 federal budget includes several tax measures—some already in effect and others still proposed. While these changes may influence tax planning strategies, it’s important to note that proposed measures are not yet law and could change.

The budget does not introduce major changes to personal or corporate income tax rates. However, changes already in effect include the elimination of the Underused Housing Tax and adjustments to capital gains rules.

Proposed measures to monitor include potential first-time homebuyer relief and further adjustments to capital gains treatment. Staying informed about these developments can help investors discuss appropriate strategies with their tax professionals as part of year-end planning.

READ FULL ARTICLE➥

---

Disclaimer:This content is for informational purposes only and is not individualized tax or investment advice. Tax outcomes depend on individual circumstances—please consult a qualified tax professional before making decisions. Investing involves risk, including possible loss of principal. Past performance is not indicative of future results.