2026 – Provinces and territories British Columbia [2026-02-17 Budget] British Columbia book publishing tax credit – This credit will be made permanent effective March 31, 2026. British Columbia farmers' food donation tax credit – This credit will be made permanent effective on royal assent. British Columbia film and television tax credit – Effective on royal assent: the period to file a claim for the credit is extended from 18 months to 36 months after the end of the tax year

By The Canadian Press Opens in new window Updated: June 05, 2026 at 11:46AM EDT Published: June 05, 2026 at 6:17AM EDT OTTAWA — The unofficial authority on recession calls in Canada says it’s too soon to use that word to describe the sluggish economy. Debate has raged on Parliament Hill over whether the country is in a recession since Statistics Canada reported last week that the economy contracted for two quarters in a row. Canada is in a technical recession, economists say.

'A lot of times, people will deal with their stress by ... ultimately not addressing it' The Canada Revenue Agency is using the court system to attempt to collect $100 million it says Islanders and Island businesses owe to the federal government for unpaid taxes. It’s unsurprising to Mark Marshall, a licensed insolvency trustee with Allan Marshall and Associates. He deals daily with people owing or trying to pay off taxes that have been sent to collections. The move is often