Canada Shares List of Pre-Carney Tax Measures It Plans to Keep

Aug. 15, 2025, 7:28 PM UTC

Canada’s Department of Finance published a list of tax changes that the government is planning to implement, most of which were already announced during former Prime Minister Justin Trudeau’s time in power.

Finance Minister Francois-Philippe Champagne released draft legislation of tax measures for consultation on Friday, confirming that many proposals announced before Mark Carney became prime minister in March are still likely to be brought to Parliament when it resumes later this year.

Changes to small business taxes, capital gains exemptions, expanded credits, enhanced powers for the tax agency and stronger reporting requirements for nonprofit organizations are among the ...

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