Consumer Banking Rules Open for Comment
Finance Canada has opened comment periods on proposed rules for consumer-targeted fraud prevention and consumer-driven banking before final regulations are issued.
PolicyCategory
Policy
Bill C-30 Receives Royal Assent
Finance Canada says Bill C-30 implements Spring Economic Update measures on fuel excise relief, alcohol duties, the Home Buyers' Plan, labour mobility, CPP contributions, and employee ownership.
PolicyISSB Montreal Office Funding
The Montreal office had previously received $8 million in federal start-up support through Budget 2022.
PolicyJournalism Labour Tax Credit Consultation
Finance Canada asked for comments by July 31, 2026 on extending the Canadian Journalism Labour Tax Credit to audio and audiovisual news production.
PolicyTax Gap Reporting Bill
Bill S-217 was at second reading in the House of Commons on May 28, 2026 after passing three Senate stages in March.
PolicyFraser Institute Debt Burden Report
A 2026 Fraser Institute report says combined federal and provincial net debt is projected to reach $2.44 trillion in 2025/26.
PolicyBudget 2025 Implementation Bill
Bill C-31 included automatic tax filing for up to 5.5 million low-income Canadians by the 2028 tax year and crypto-asset reporting rules.
PolicyFinancial Crime Measures
Finance Canada highlighted $17.9 million for FINTRAC and proposed funding for a new Financial Crimes Agency.
PolicyDefence Resilience Bank Charter
The proposal is linked to more than $80 billion in Budget 2025 defence investments and NATO spending targets.
PolicySpring Economic Update 2026
The update included Team Canada Strong, a plan to recruit, train, and hire 80,000 to 100,000 skilled trades workers by 2030-31.
PolicyExtortion Financial-Crime Measures
Finance Canada said FINTRAC had worked with 28 enforcement and intelligence units as part of anti-extortion financial-crime measures.
PolicyAnti-Fraud Strategy Consultation
Finance Canada said Canadians reported more than $704 million in fraud losses in 2025, while reported losses since 2022 had surpassed $2.4 billion.
PolicyBudget 2025 Legislation Passed
Bill C-15 received Royal Assent, bringing Budget 2025 measures on tax rates, GST/HST housing relief, benefits, clean-energy credits, and worker supports into law.
PolicyAffordability Measures Highlighted
Finance Canada highlighted a 14% first federal tax bracket, a GST/HST-credit replacement, NSF-fee limits, and first-time buyer housing relief.
PolicyFederal Tax Expenditures Report
Finance Canada released its 2026 report estimating the fiscal cost of federal tax measures, including credits, deductions, deferrals, and exemptions.
PolicyExtortion Financial-Crime Plan
Finance Canada announced a counter-extortion partnership and pointed to $1.7 billion in Budget 2025 funding for RCMP capacity.
PolicyClean ITC Content Consultation
Finance Canada asked for comments by March 13, 2026 on a possible domestic-content requirement for clean-economy investment tax credits.
PolicyTechnical Tax Measures Consultation
Finance Canada released draft legislation covering registered plans, carbon-rebate wind-down rules, clean-economy credits, corporate tax deferral, and hybrid mismatch measures.
PolicyCRA Prescribed Interest Rates Q1 2026
CRA's prescribed annual rates for January 1 to March 31, 2026 include 7% on overdue income tax, CPP contributions, and EI premiums.
PolicySustainable Investment Guidelines
Budget 2025 backed a voluntary sustainable-investment taxonomy, with three priority sectors expected by the end of 2026 and three more by fall 2027.
PolicyFederal Transfers Reach $108.4 Billion
The Canada Health Transfer will rise 5% to $57.4 billion as major federal transfers reach $108.4 billion in 2026-27.
PolicyBudget 2025 Implementation Bill
Bill C-15 would implement Budget 2025 measures including the PSW tax credit, clean-economy credits, the Productivity Super-Deduction, and UHT repeal.
PolicyBudget 2025 Competition Measures
Budget 2025 competition measures target telecom switching, consumer-driven banking, account-transfer fees, stablecoins, and financial-sector investment rules.
PolicyGuaranteed Basic Income Bill
S-206 was referred to the Standing Senate Committee on National Finance after completing second reading in the Senate on November 6, 2025.
PolicyBudget 2025 Released
Budget 2025 includes $60 billion in savings and revenues over five years and aims to enable $1 trillion in total investment over five years.
PolicyNational Anti-Fraud Strategy
Budget 2025 would create a National Anti-Fraud Strategy and a Financial Crimes Agency after reported fraud losses reached $643 million in 2024.
PolicyCRA Prescribed Interest Rates Q4 2025
CRA's Q4 2025 prescribed rates include 7% on overdue income tax, CPP contributions, EI premiums, and many overdue remittances.
PolicyBudget 2025 Consultations
Finance Canada said nearly 84,075 Canadians responded to Budget 2025 consultations after meetings in 26 cities and almost 110 roundtables or bilateral meetings.
PolicyDraft Tax Legislation Released
Finance Canada released draft legislation covering SR&ED, crypto reporting, CRA audit powers, EIFEL relief, business rollovers, and GST/HST coupon input tax credits.
PolicyDeposit Insurance Review
Finance Canada launched consultations on the federal deposit-insurance framework, with comments due September 26, 2025.
PolicyUkraine Financing Disbursement
Finance Canada said a $200 million disbursement completed Canada's $5 billion contribution under the G7 ERA loans mechanism for Ukraine.
PolicyDigital Services Tax Rescinded
The DST had been announced in 2020, but Canada halted the June 30, 2025 collection while pursuing a July 21 trade-negotiation timeline with the United States.
PolicyAML Rules Expanded
New AML/ATF amendments extend obligations to factoring, cheque-cashing, financing, and leasing businesses and expand FINTRAC disclosures.
PolicyFentanyl Financing Intelligence
Finance Canada launched an intelligence-sharing partnership on fentanyl financing after a $200 million border-security directive.
PolicyCapital Gains Change Deferred
Finance Canada deferred the proposed capital-gains inclusion-rate increase to January 1, 2026 while keeping the $250,000 annual threshold proposal.
PolicyTax Break Legislation
For example, a $2,000 basket of qualifying purchases would realize HST savings of up to $260 in Ontario and up to $300 in Newfoundland and Labrador.
PolicyTax Break and Rental Measures
In Ontario, a $2,000 basket of qualifying purchases could realize total HST savings of up to $260 over the two-month period.
PolicyTax Break Legislation
A new National School Food Program, with $1 billion over five years to provide meals for up to 400,000 more kids each year, ensuring all children have the food they need to have the best start in life, regardless of their family circumstances.
PolicyMore money in your pocket
With new tax relief on groceries and holiday expenses and the $250 Working Canadians Rebate, the Government of Canada is reducing costs for Canadians.
PolicyAffordable Housing Funding
In Budget 2024 and Canada's Housing Plan, the federal government announced the most ambitious housing plan-a plan which will build nearly 4 million homes by 2031.
PolicyReproductive Health Coverage
The health measures also stated that more than 2.7 million Canadians are now covered by the Canadian Dental Care Plan and nearly 1 million of them have already had their dental visits covered.
PolicyGreen Bond Reopening
Canada successfully re-opens 10-year green bond to raise an additional $2 billion - Canada.ca.
PolicyCRA Prescribed Interest Rates Q4 2024
The Q4 2024 rates include 7% on overdue income-tax, CPP, and EI amounts and 3% for taxable benefits on low-interest loans.
PolicyCarbon Capture Investment
Both of these clean energy projects were made possible by the federal government's Carbon Capture, Utilization, and Storage investment tax credit, which offers tax credits worth up to 60 per cent of eligible expenditures for certain project types.
PolicyCanada Growth Fund Investment
Canada Growth Fund announced an investment of up to US$100 million, or C$137 million, in Svante to support commercial-scale carbon capture and removal projects.
PolicyIndigenous Tax Jurisdiction Consultation
The Department of Finance launched consultations on the Budget 2024 commitment to establish an opt-in framework for interested Indigenous governments to impose their own Fuel, Alcohol, Cannabis, Tobacco, and Vaping (FACT) value-added sales taxes.
PolicyChinese Trade Practices Consultation
The consultation covered possible surtaxes under the Customs Tariff and other responses affecting electric-vehicle supply chains.
PolicyCRA Prescribed Interest Rates Q3 2024
The Q3 2024 rates include 7% on overdue income-tax, CPP, and EI amounts and 3% for taxable benefits on low-interest loans.
PolicyCarbon Contract for Difference
The 10-year carbon contract for difference was described as having the potential to reduce more than 177,000 tonnes of CO2e emissions, with an initial price of $100 per tonne of CO2e.
PolicyChinese Trade Practices Consultation
The consultation covered possible surtaxes under the Customs Tariff and other responses affecting electric-vehicle supply chains.
PolicyBudget Legislation Royal Assent
Modernizing competition law in Canada to help stabilize prices by amending the Competition Act and the Competition Tribunal Act, and building on changes proposed in Bill C-56, which will:.
PolicyVaping Tax Regulations
In Budget 2024, the government announced a 12 per cent increase to vaping excise duty rates.
PolicyBudget 2024 Health Measures
Next year, all uninsured Canadians between the ages of 18 and 64, with a family income up to $90,000, will be eligible.
PolicyBudget 2024 Child Care Spaces
Finance Canada announced additional child-care funding for Nova Scotia and Budget 2024 measures to expand not-for-profit child care spaces.
PolicyVolunteer Tax Credits Increased
Budget 2024 proposed doubling the volunteer firefighter and search-and-rescue tax-credit amounts from $3,000 to $6,000.
PolicyBudget 2024 Worker Measures
From strengthening Canada's AI advantage with a monumental investment of over $2.4 billion to $600 million for modernizing Scientific Research and Experimental Development tax incentives, Budget 2024 will foster homegrown innovation.
PolicyCRA Prescribed Interest Rates Q2 2024
The Q2 2024 rates include 7% on overdue income-tax, CPP, and EI amounts and 3% for taxable benefits on low-interest loans.
PolicyCanada Growth Fund Third Investment
The Canada Growth Fund's $50 million investment in Idealist Capital will boost the Idealist Climate Impact Fund's ability to help businesses commercialize technologies, products, and services that will accelerate the clean energy transition.
PolicyCRA Prescribed Interest Rates Q1 2024
The Q1 2024 rates include 7% on overdue income-tax, CPP, and EI amounts and 3% for taxable benefits on low-interest loans.
Policy