DFK Tax Digest – 2025 Issue Four

DFK Tax Digest – 2025 Issue Four

• Business Tax Measures – Highlights from 2025 Federal Budget – On November 4, 2025, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne, tabled the Liberal Government’s budget, Building Canada Strong. Budget 2025 introduces a range of measures aimed at strengthening Canada’s productivity, competitiveness, and transition to a clean economy. The focus is on encouraging business investment through enhanced deductions, targeted tax credits, and administrative simplifications.
• 2025 Federal Budget – Personal Tax Measures – The Federal Government released its budget on November 4, 2025. Below is a brief summary of the personal income tax measures included in the budget.