Canada Federal Budget

Browse LRK Tax LLP’s Canada Federal Budget Archives for expert advice on tax planning, Consulting, compliance, and strategies to maximize savings for individuals and businesses. Stay updated with reading articles!

personal support workers

Personal Support Workers Tax Credit – What You Need to Know from Budget 2025 

Canada Federal Budget

Budget 2025 introduces a significant new tax measure aimed at supporting personal support workers (PSWs) across Canada. The proposed Personal Support Workers Tax Credit is a temporary, refundable tax credit designed to recognize the essential role PSWs play in our health care system and to provide direct financial support to those who qualify. Here’s what you and […]

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2025 Canada Federal Budget

2025 Canada Federal Budget – Key Tax Changes for Canadians

Canada Federal Budget

The 2025 federal budget was released on November 4, 2025 (“Budget Day”). It proposes significant tax changes that could impact individuals, estates, and businesses across Canada. Below is a summary of these proposals which are subject to change until voted on and signed into law. View the Prime Minister’s statement on the 2025 Canada Federal

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