The Canadian Department of Finance has announced the release of the Budget 2025 on 4 November 2025. The main tax measures of the budget are summarized as follows:
Personal Income Tax Measures
Personal Support Workers Tax Credit
Budget 2025 proposes to introduce a temporary Personal Support Workers Tax Credit, which would provide eligible personal support workers working for eligible health care establishments with a refundable tax credit of 5 per cent of eligible earnings, providing a…