Canada Revenue Agency opened the 2025 tax-filing season for 2024 income-tax and benefit returns.
CRA said the previous filing season included more than 33 million income-tax and benefit returns, with almost 93% filed online.
The agency also said more than 19 million refunds were issued, with an average refund of $2,294.
Benefit administration was a major part of the filing-season message. CRA said it delivered more than $52 billion in benefit payments because individuals filed returns.
The 2025 season also reflected several tax changes. The Home Buyers' Plan withdrawal limit increased from $35,000 to $60,000 for withdrawals made after April 16, 2024.
CRA also addressed capital gains administration. It noted the government's intention that, effective for dispositions on or after January 1, 2026, the inclusion rate would increase from one-half to two-thirds on capital gains above $250,000 annually for individuals and on all capital gains realized by corporations and most trusts.