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Courses/Accounting & Tax/Federal Tax

2025 Federal Budget Highlights

Navigate the 2025 Federal Budget's key changes, from business incentives to tax modernization, and gain critical insights into its economic impact on your financial strategies.

Created byNextGen Accounting Education
BeginnerUpdated Dec 3, 2025
2025 Federal Budget Highlights

What You'll Learn

check_circleAnalyze the 2025 federal budget's key financial highlights.
check_circleIdentify major business tax enhancements and incentives.
check_circleGrasp changes impacting personal trusts and investments.
check_circleUnderstand indirect tax reforms, including UHT elimination.
check_circleEvaluate carbon tax's past impact on grain transport.

About This Course

Welcome to "2025 Federal Budget Highlights," your essential guide to understanding Canada's fiscal roadmap for the upcoming year, delivered by Canada's Finance Minister on November 4, 2025. This course meticulously dissects the budget's critical tax enhancements, administrative shifts, and economic implications, crucial for navigating the evolving financial landscape.

While the budget projects a deficit of $78.3 billion for the 2025-26 fiscal year and maintains baseline federal tax rates, it introduces significant measures focused on targeted anti-avoidance and compliance efficiency. This course equips you with comprehensive knowledge of these changes, empowering you to adapt your strategies effectively.

Key learning outcomes include:

  • Explore new and enhanced business tax measures, such as temporary immediate expensing for manufacturing buildings and enhancements to the SR&ED program.
  • Unpack new investment tax credits designed to bolster the clean economy, including incentives for clean electricity, manufacturing, and critical mineral exploration.
  • Deep dive into international tax changes, specifically the modernization of transfer pricing rules to align with OECD standards.
  • Examine personal tax updates, including the postponement of bare trust reporting rules, changes to the 21-year rule for trusts, and the harmonization of qualified investment rules across registered plans.
  • Understand significant indirect tax changes, such as the elimination of the Underused Housing Tax and the Luxury Tax on aircraft and vessels.
  • Gain insights from a specialized economic critique analyzing the specific impact of the repealed carbon tax pass-through on Western Canadian grain transportation.

Stay ahead by understanding the nuances of the 2025 Federal Budget and its profound impact on business, investment, and personal finance.

Your Instructor

NextGen Accounting Education
NextGen Accounting Education
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NextGen Accounting Education delivers forward-looking CPD courses that address the disruptive trends shaping the Canadian accounting profession. We focus on AI-driven workflows, generational change, climate-related taxation, global trade policies, and federal budgeting. Our mission is to empower CPAs with the analytical and technological capabilities required in a fast-evolving economy.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

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Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.