2020 Federal Tax Changes Promise a Modest Benefit to Canadians

the following article from the CBC delves into the changes to the  basic personal amount. The article also looks at the reduced EI premiums which are countered by the increase in CPP premiums.
All and all we can expect to not really notice the “tax saving” changes brought about by this government’s second term.

For those is Manitoba, we will see an increase in the Climate Action Incentive. At least that one will be obvious!

 

2 thoughts on “2020 Federal Tax Changes Promise a Modest Benefit to Canadians

  1. time

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