By Jason Heath, CFP on March 24, 2026 Estimated reading time: 3 minutes

What’s new (and gone) for your 2025 tax return, due April 2026

By Jason Heath, CFP on March 24, 2026 Estimated reading time: 3 minutes

Filing your 2025 taxes in 2026? Here are the key changes, cancelled credits, and CRA updates Canadians need to know.

The tax changes for the 2025 income tax year are relatively limited due to the delay in the federal budget. Budgets are normally released in February, March, or April of each year; however, due to the April 2025 federal election, Prime Minister Mark Carney’s first budget was not tabled until November 2025. 

Here are some of the key personal tax measures to be aware of for this upcoming tax season. 

Cancelled: Digital news subscription

The 15% federal tax credit for up to $500 of qualifying digital subscriptions for qualified Canadian journalism organizations is no more. The tax credit was available from 2020 through 2024 inclusive. It is not available to claim for 2025.  

Expanded: Disability........

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