Canada's Budget 2026, tabled 5 November 2026, sets a single May 15 tax filing deadline from the 2027 tax year, raises instalment and foreign property reporting thresholds, and adds a $15 million capital gains exemption.
The Bank of Canada raised its target for the overnight rate by 25 basis points to 2.50% on 28 October 2026, its first increase since July 2023, as inflation stayed around 3% and is expected to average 3% in 2027.
· 3 min read
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