
Bills
C-4 45th Parliament, 1st Session
An Act respecting certain affordability measures for Canadians and another measure (Making Life More Affordable for Canadians Act)
Summary
Part 1 amends the Income Tax Act to reduce the marginal personal income tax rate on the lowest tax bracket to 14.5% for the 2025 taxation year and to 14% for the 2026 and subsequent taxation years.
Part 2 amends the Excise Tax Act and other related Regulations to implement a temporary GST new housing rebate for first-time home buyers.
Part 3 repeals Part 1 of the Greenhouse Gas Pollution Pricing Act and the Fuel Charge Regulations.
Part 4 amends the Canada Elections Act to make changes to the requirements relating to political parties’ policies for the protection of personal information.
Sponsor: Minister of Finance and National Revenue François-Philippe Champagne
House of
commons update
There are no new commons legislations at this time
Senate update
There are no new senate legislations at this time