CRA will receive information from online digital platforms that facilitate the sale of goods and provisions of services, such as Airbnb, VRBO, Uber, etc., in respect of the 2025 calendar year, by January 31, 2026. Ensure that all income is properly reported.

Looking to sell your business? Several tax-efficient options exist. These include the ability to shelter up to $1.25 million in capital gains under the lifetime capital gains exemption (indexed starting in 2026).

On November 4, 2025, the Minister of Finance and National Revenue, the Honourable Francois-Philippe Champagne, presented Budget 2025-Canada Strong, to the House of Commons. No changes were proposed to personal or corporate tax rates. Some highlights include the following: