News

Canada's new income tax cut is officially here — and it could already mean a little more cash in your next paycheque. As of July 1, the federal government has dropped the personal income tax rate for ...
Today, the Prime Minister, Mark Carney, announced that as of tomorrow, July 1, the government’s middle-class tax cut will be ...
According to Finance Canada, nearly 22 million Canadians are expected to benefit from the income tax cut, effective next week ...
Starting July 1, 2025, middle-class Canadians will see a 15% reduction in marginal personal income tax rate, with maximum tax ...
A change to federal income tax took effect in Canada this week. A spokesperson for the Canada Revenue Agency told INsauga.com that the change took effect on Tuesday. “The Government of Canada has ...
The proposal will see the lowest marginal personal income tax rate reduced from 15 per cent to 14 per cent, effective from July 1, 2025.The measure is expected to benefit nearly 22 million ...
After President Trump suspended trade talks with Canada over its controversial digital services tax, Ottawa scrapped it to ...
Canada rescinded the Digital Services Act after Donald Trump threatened to terminate trade talks on Friday.
The Canada Revenue Agency will update its source deduction tables for the July to December 2025 period so that pay administrators can reduce tax withholdings as of July 1.