Everything financial advisors need to know about this year’s federal budget
November 6, 2025Everything financial advisors need to know about this year’s federal budget
November 6, 2025Asset management industry should feel ‘seen and heard,’ advocate says
“These are bigger worries right now for the government than a comprehensive tax reform": Golombek
Experts say the projected deficit is broadly in line with expectations
Total net new government spending for the 2025-26 fiscal year is $20.1 billion
Administrative savings will be used to strengthen tax compliance
Writeoff for manufacturing and processing buildings ‘huge incentive’: Golombek
In “very rare cases,” the decrease in value of credits could exceed tax savings from one-percentage-point cut to lowest bracket
Proposals impact banking fees, cheque deposits, open banking stablecoin regulation and credit union rules
The 406-page budget includes almost $90B in net new spending items over five years
The Canada-U.S. trade war forms the backdrop of the entire budgetary plan