Canada Tax Changes 2025 - RRSP, TFSA, FHSA, RRSP, CPP, GST/HST Holiday, Fed. Tax Bracket, and more!

2025 tax changes are coming, so tune in and find out what these changes mean for you and your business.

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Content of this video: 

00:00 - Intro

00:25 - RRSP Contribution Limit for 2025

00:58 - TFSA Contribution Limit for 2025

01:34 - First Home Savings Account (FHSA)

02:16 - Canada Pension Plan (CPP) Updates for 2025

02:22 - Regular CPP Contributions

02:58 - CPP 2.0 Contributions

03:39 - Summary of Total CPP Contribution Costs for 2025

04:16 - Federal Tax Bracket Adjustments for 2025

04:58 - Basic Personal Amount Increase

05:29 - Proposed Capital Gains Changes

05:36 - Higher Lifetime Capital Gains Exemption (LCGE)

06:10 - Canadian Entrepreneurs’ Incentive (CEI)

06:47 - What These Changes Could Mean for Business Owners

07:10 - Proposed GST Updates for December 2024 - February 2025

07:18 - GST/HST Holiday on Select Items

07:45 - Why These Measures Were Introduced

08:14 - What This Means for You

08:31 - Updates to the Home Buyers’ Plan (HBP)

Ready to optimize your business finances?
Let's Connect!