The province's fiscal 2025-26 budget contains several tax measures affecting individuals and corporations.
A CA$12.2m surplus is projected for 2025-26, with anticipated surpluses for the next three years.
No changes are proposed to corporate income tax rates; the small-business tax rate remains at 1.00% indefinitely.
Effective 1 July 2025, a new Small and Medium Enterprise Investment Tax Credit will provide a 45% nonrefundable tax credit for investments in eligible businesses.
On 19 March 2025…
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