Provincial Tax Credit / Rate Changes
Middle-Class Personal Tax Cut Effective July 1, 2025
July 1, 2025Major infrastructure & resource projects being fast-tracked
September 21, 2025Several provinces have announced their own changes:
-
British Columbia – The Interactive Digital Media Tax Credit is being increased from 17.5% to 25%, effective September 2025, and will be made permanent. (Source: Canada.ca)
-
British Columbia – The Clean Buildings Tax Credit has been extended by one year. (Source: Canada.ca)
-
Nova Scotia – The lower corporate tax rate and the small business limit threshold are being enhanced. (Source: Canada.ca)
-
Prince Edward Island – Changes are being made to the higher corporate tax rate and the small business limit. (Source: Canada.ca)