Budget 2016 - Growing the Middle Class

The following questions and answers are based on proposed measures that were announced in the 2016 budget on March 22, 2016. Please note that these measures will not become law until they have received Royal Assent.

The CRA will continue to communicate tax changes through its Web site, its forms and publications, its phone enquiries services and other communication channels, as the information becomes available.

In the meantime, please consult the Web site of the Department of Finance Canada to find out more.

CRA 2016 Budget News

Individuals

• Canada Child Benefit
• Northern Residents Deductions
• Teacher and Early Childhood Educator School Supply Tax Credit
• Ontario Electricity Support Program
• Income Splitting Credit
• Children’s Fitness and Arts Tax Credits
• Education and Textbook Tax Credits