Canadian Budget Infographic: What It Means for Canadians and Their Finances

Canada’s 2025 Federal Budget delivers a mix of tax relief, affordability measures, and business incentives designed to strengthen growth and support Canadians through changing economic conditions. FreshPlan’s Canadian Budget Infographic breaks down the most relevant updates in a clear, client-friendly format—perfect for advisors to share while the budget is top of mind.

This year’s Canadian Budget Infographic opens with an economic snapshot, highlighting trends in the Canadian dollar, oil prices, employment, and the federal deficit since the last budget. It then summarizes the major policy changes that may affect individuals, families, and business owners.

Access the full Federal Budget at this link.

“Discover reflections from the last Budget in 2024.”

What’s Inside
  • GST Relief for First-Time Home Buyers – The GST is removed on homes up to $1 million and reduced for homes between $1 million–$1.5 million, helping families enter the housing market sooner.
  • Top-Up Tax Credit – A temporary measure maintaining the full 15% value of non-refundable credits like tuition, medical, and disability amounts under the new 14% rate.
  • Easier Account Transfers – Transfer fees for investment and registered accounts at federally regulated institutions will be eliminated, cutting costs and reducing barriers for investors.
  • Luxury Tax and Underused Housing Tax Removed – Eliminating these measures reduces compliance burdens and redirects resources to improve tax efficiency.
  • Support for Individuals – From a one-time $150 Disability Tax Credit payment to automatic federal benefits for low-income Canadians and new tax relief for personal support workers.
  • Opportunities for Youth and Families – Expanded funding for youth jobs and adjustments to home accessibility and medical expense credits.
  • Business Incentives – A new Productivity Super-Deduction and enhanced SR&ED tax credits encourage investment, innovation, and competitiveness.

Designed for easy sharing and client engagement, this Canadian Budget Infographic helps advisors communicate the budget’s key themes and planning opportunities with clarity and confidence. Whether used in reports, newsletters, social media, or client meetings, it’s a timely visual tool to spark conversations about how Budget 2025 measures may influence individual, family, and business financial plans.