For 2026, the amount is $16,452. If you make $181,400 or less, you are eligible for the full tax credit worth $2,303 as it is ...

If you're one of the millions of Canadians counting on government payments to help stretch your budget, there's good news on ...

Canada’s 2025 Federal Budget (“Budget 2025”) was light on international tax measures compared to recent years. The major development is the ...

According to the CRA, the maximum BPA for 2026 is $16,452. How much you can claim depends on your income: If your income is at or below $16,452 for 2026, you won't pay any federal tax, since your ...

Ottawa and the provinces raked in more than $5.4 billion in cannabis tax revenue since the drug was legalized for ...

Canada's economy grew at a much faster pace than expected in the third quarter as crude oil exports and government spending ...

A homeless encampment in Kitchener, Ontario, in front of the former Krug Furniture factory According to a report by Statistics Canada on income and wealth distribution issued in July, income ...

Canada recorded a slightly higher C$16.09 billion ($11.52 billion) budget deficit for the first six months of the 2025/26 ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Income tax is the portion of your annual earnings that's paid to the government. Canada has a graduated income tax system, so your tax rate depends on how much you earn. Many or all of the products on ...