A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin Tang

It’s a new year. What financial changes take effect in 2025?

by The Canadian Press January 1, 2025

written by The Canadian Press January 1, 2025

By Ritika Dubey There are a few changes in federal policies that could affect Canadians' finances in the new year. Brian Quinlan, a chartered professional accountant with Allay LLP, says many of the changes are routine. These include inflation-based adjustments to what tax bracket you fall into or w...

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The Canadian Press

We're Canada's independent national news agency, delivering news about Canadians to Canadians, 24/7/365. From breaking regional, national and international stories to the biggest events in politics, sports, business, entertainment and lifestyle.

It’s a new year. What financial changes take effect in 2025?

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