Turns out the July federal tax cut has some fine print

theglobeandmail.com/investing/personal-finance/article-federal-tax-cut-carney-cost

The income-tax cut expected July 1 is not quite the gift it’s made out to be.
The federal government says reducing the rate on the lowest tax bracket by a percentage point, to 14 per cent, will save two-income families as much as $840 a year in 2026. But there are also some tax takeaways…

This story appeared on theglobeandmail.com, 2025-05-21 20:43:24.
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