Prime Minister Mark Carney's 2025 federal budget titled Canada Strong tabled on Tuesday, Nov. 4. Photo by Adam Huras / Brunswick News

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.

While today’s much-awaited – and much delayed – federal budget didn’t have a big focus on tax measures , here’s a review of five tax changes that may impact you, as well as one highly-anticipated measure that was not in the budget.

Top-up tax credit

There were no further changes to individual tax rates for 2025, but the budget did introduce a new top-up tax credit, which aims to fix a problem associated with the recent reduction in the lowest bracket as it relates to the value

See Full Page