Anticipating the 2025 Canadian Budget: Key Facts, Shifts, and What’s at Stake Canada’s 2025 federal budget is generating exceptional interest. After months of public consultations, policy debates, and economic shifts, the budget marks a major moment for the country as it responds to global uncertainty, affordability pressures, and the need to spur innovation and growth.​ We expect generational investments in housing and infrastructure and reduced costs for Canadians. It will

If CRA does not know, who will? An Auditor General's report released in October 2025 found that Canada Revenue Agency (CRA) call centres are giving taxpayers inaccurate information. The audit revealed especially low accuracy rates for general questions about individual taxes, with accurate answers being provided only 17% of the time.  Key findings from the report and related news include: Low accuracy rates: The report found that general questions about individual taxes were

Navigating the Canadian tax system can be complex, especially when you have multiple sources of income. Knowing  how  different types of income are taxed empowers you to plan smarter, optimize your tax position, and avoid surprises at tax time. Let’s break down the most common taxable income categories, how taxes apply to each, and authoritative CRA references for clear guidance. Income Type Taxable? How Tax Applies Learn More Employment Income Yes Your salary, wages, bonuses