Prime Minister Mark Carney tabled his government’s first budget in the House of Commons on Tuesday, and included in the plan are several changes to taxes for Canadians and businesses.

Among the proposals are automatic tax filing for low-income Canadians, eliminating “double dipping” among some who claim two types of tax credits for the same renovation projects, and a lowering of the effective corporate tax rate for eligible businesses.

Here’s what we know about the plans.

Automatic tax filing: are you eligible?

Budget 2025 also proposed introduce automatic tax filing for low-income Canadians.

The measure will apply to Canadians whose income is below the federal basic personal amount or provincial equivalent and who the government says are missing out on rebates and support progra

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