Each year, the CRA indexes various benefits and credits and the federal tax brackets to inflation based on Consumer Price Index data from Statistics Canada. For 2025, they've gone up by 2.7% — a ...

Canada uses a progressive or graduated tax ... the taxes you pay will increase. In addition to the federal tax brackets and rates, each province and territory has its own income tax brackets ...

Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA). The CRA revealed the federal tax brackets for 2025, adjusted for inflation.

Prime Minister Justin Trudeau has announced billions of dollars in new tariffs on U.S. imports to Canada. The affected goods include foods, appliances. jewelry and some clothing.

Trump has long proposed raising tariffs—or taxes on imported goods that the businesses importing them pay the U.S. government ...

With the current federal and provincial/territorial tax rates in Canada, no one pays more than 27% capital gains tax on gains of under $250,000. You can reduce the amount of capital gains tax you ...

To ensure most middle-class Canadians do not pay more tax once the capital gains inclusion rate is increased, the government will maintain or enhance existing capital gains exemptions while creating a ...

Your paycheck could be slightly bigger in 2025 due to inflation adjustments to federal income tax brackets. The change may be smaller than in previous years amid cooling inflation. Regardless ...