Canada Shares List of Pre-Carney Tax Measures It Plans to Keep

The Canadian government has released a list of tax measures it plans to maintain, most of which were previously announced under former Prime Minister Justin Trudeau's administration. The Department of Finance published this list, indicating the government's intention to continue these tax changes. The measures include the introduction of a luxury tax on certain high-end goods, the implementation of a Digital Services Tax, and the expansion of the Canada Workers Benefit, a tax credit aimed at supporting low-income workers. Additionally, the government plans to proceed with the phase-out of fossil fuel subsidies and the implementation of a tax on vaping products. The announcement suggests that the current government is maintaining the tax policy direction set by the previous administration, with a focus on generating revenue from specific sectors and providing support for low-income individuals. The list provides clarity on the government's tax agenda, allowing businesses and individuals to plan accordingly.