
Canada Announces Major Income Tax Cuts: What It Means for You
📉 Canada’s 2025 Income Tax Cut: A Relief for Millions In a much-anticipated move, the Canadian federal government has introduced a sweeping income tax cut aimed at easing financial pressures for middle- and low-income earners. The measure, unveiled by Finance Minister Chrystia Freeland in the 2025 federal budget, targets affordability concerns and stagnant wages. “This…