
Tax Insights: 2025 British Columbia budget – Tax highlights
On March 4, 2025, British Columbia’s Minister of Finance, Brenda Bailey, presented the province’s budget.
On March 4, 2025, British Columbia’s Minister of Finance, Brenda Bailey, presented the province’s budget.
On February 27, 2025, Alberta’s President of Treasury Board and Minister of Finance, Nate Horner, presented the province’s budget.
On February 18, 2025, Nova Scotia’s Minister of Finance and Treasury Board, John Lohr, presented the province’s budget.
Using a vehicle for business means you face an intricate set of tax laws when it comes to claiming your expenses. Find out how you can take advantage of certain tax deductions in this annual guide, summary and employee log.
On March 12, 2025, the United States started applying a 25% tariff on imports of steel and aluminum products from all countries, including Canada, under section 232 of the US Trade Expansion Act of 1962.
On March 6, 2025, US President Donald Trump signed two executive orders, effective March 7, 2025 (and expected to apply until April 2, 2025).
On February 13, 2025, US President Donald Trump signed a memorandum ordering the development of a comprehensive plan for reciprocal tariffs to restore fairness in US trade relationships and counter non-reciprocal trading arrangements.
On January 31, 2025, the Department of Finance announced that it will defer the effective date, from June 25, 2024 to January 1, 2026, of the 2024 federal budget proposal that increases the capital gains inclusion rate from ½ to ⅔.
On March 12, 2025, the United States started applying a 25% tariff on imports of steel and aluminum products from all countries, including Canada, under section 232 of the US Trade Expansion Act of 1962.
On March 6, 2025, US President Donald Trump signed two executive orders, effective March 7, 2025 (and expected to apply until April 2, 2025).
On January 31, 2025, the Department of Finance announced that it will defer the effective date, from June 25, 2024 to January 1, 2026, of the 2024 federal budget proposal that increases the capital gains inclusion rate from ½ to ⅔.
On January 31, 2025, the Department of Finance announced the effective date for the proposed increase to the capital gains inclusion rate and the lifetime capital gains exemption.
On March 12, 2025, the United States started applying a 25% tariff on imports of steel and aluminum products from all countries, including Canada, under section 232 of the US Trade Expansion Act of 1962.
On March 6, 2025, US President Donald Trump signed two executive orders, effective March 7, 2025 (and expected to apply until April 2, 2025).
On February 13, 2025, US President Donald Trump signed a memorandum ordering the development of a comprehensive plan for reciprocal tariffs to restore fairness in US trade relationships and counter non-reciprocal trading arrangements.
On October 23, 2024, Nova Scotia’s government announced its intention to reduce the Harmonized Sales Tax rate that applies in the province from 15% to 14%, effective April 1, 2025, and a legislative motion was passed on December 10, 2024.
On March 12, 2025, the United States started applying a 25% tariff on imports of steel and aluminum products from all countries, including Canada, under section 232 of the US Trade Expansion Act of 1962.
On March 6, 2025, US President Donald Trump signed two executive orders, effective March 7, 2025 (and expected to apply until April 2, 2025).
On February 13, 2025, US President Donald Trump signed a memorandum ordering the development of a comprehensive plan for reciprocal tariffs to restore fairness in US trade relationships and counter non-reciprocal trading arrangements.
On January 31, 2025, the Department of Finance announced that it will defer the effective date, from June 25, 2024 to January 1, 2026, of the 2024 federal budget proposal that increases the capital gains inclusion rate from ½ to ⅔.