An Act to amend the Income Tax Act
This enactment amends the Income Tax Act in order to increase the maximum annual Goods and Services Tax/Harmonized Sales Tax credit (GSTC) amounts by 50% for the 2025-2026 benefit year. It also amends that Act to increase the maximum annual GSTC amounts by 25% as of the 2026-2027 benefit year for a period of five years.
House First Reading
Second reading and referral to committee
House Second Reading
Committee report presented without an amendment
House Third Reading
Senate First Reading
Senate Second Reading
Senate Third Reading
Royal Assent
| Date | Part | Type | Title | Instrument |
|---|---|---|---|---|
| Jul 1, 2026 | II | In force | Order Fixing the Day on Which this Order is Made as the Day on Which Division 2 of Part 5 of the Budget 2025 Implementation Act, No. 1 Comes into Force | SI/2026-33 |
| Jun 17, 2026 | II | In force | Order Fixing the 16th Day After the Day on Which this Order Is Made as the Day on Which Division 22 of Part 5 of the Budget 2025 Implementation Act, No. 1 Comes into Force | SI/2026-26 |
Canada Gazette activity is tracked from January 2025 onward — regulations made before 2025 are not shown.
| Date | Part | Type | Title | Instrument |
|---|---|---|---|---|
| Sep 19, 2025 | II | Regulation | Income Tax Regulations (Motor Vehicle Expenses and Benefits 2024–2025) — Regulations Amending the | SOR/2025-193 |
| Sep 19, 2025 | II | Regulation | Income Tax Regulations (2023–2024 Livestock Deferral) — Regulations Amending the | SOR/2025-194 |
| Mar 6, 2025 | II | Regulation | Income Tax Regulations (Prescribed Arrangement — Air Canada) — Regulations Amending the | SOR/2025-75 |
| Mar 12, 2025 | II | Regulation | Income Tax Regulations (Northern Residents Deductions) — Regulations Amending the | SOR/2025-97 |
| Nov 22, 2024 | II | Regulation | Income Tax Regulations (Technical Amendments) — Regulations Amending the | SOR/2024-231 |
Canada Gazette activity is tracked from January 2025 onward — regulations made before 2025 are not shown.