Overview — What’s Changing The Department of Finance Canada has released draft legislation introducing a new Crypto-Asset Reporting Framework (CARF). These rules will bring crypto-asset transactions into a formal tax-reporting system for the first time in Canada. If enacted, the rules will apply starting January 1, 2026, with the first reporting due in 2027. The

In August 2025, the Department of Finance Canada released draft legislation that significantly expands and enhances the SR&ED tax-incentive program. These are the biggest changes in over a decade — and they could make R&D, product development, and innovation far more accessible to Canadian companies. PwC What’s New: Key SR&ED Enhancements for 2025 Higher Refundable

Keywords: capital gains tax Canada, capital gains inclusion rate, 2024 Federal Budget, capital gains reform, Canadian tax updates, income tax planning In 2024, the federal budget included a plan to increase the amount of your capital gain that gets taxed — a proposal that caused concern among investors, entrepreneurs, and small business owners. That proposal

The federal government has announced proposed changes that could significantly reduce the number of trusts required to file under Canada’s enhanced trust reporting rules. These rules, originally expanded in 2022, created new filing obligations for many trusts — including simple “bare trusts” commonly used in everyday estate and property planning. If these proposals become law,