Overview The ongoing trade tensions escalating between the US and Canada are creating an atmosphere of economic uncertainty for Canadian businesses. Canada’s largest trading partner is the US, amounting for approximately 70% of its total exports. Canadian businesses most heavily reliant on cross-border trades with the US are facing the greatest uncertainty. On February 1st,2025, […]

The Government of Canada has previously announced that, effective April 1, 2025, the federal fuel charge no longer applies, and provinces and territories are no longer required to implement a consumer-facing carbon price. Instead, the federal carbon pricing system now focuses on industrial emissions, maintaining a price on pollution for large emitters as a key […]

Overview On March 25, 2025, the Quebec’s government has proposed new and changes to provincial tax measures as part of its 2025-2026 budget “For a Strong Québec”. This comprehensive summary highlights some of the key changes that will influence the Quebec tax environment in the coming years. Corporate Income Tax Measures There are no proposed […]