To be clear, I have to say that Bill C‑15 talks about an extension. Full rates applied until 2030, and then rates fell 50% from 2031 to 2040. The change announced in the budget is to say that from 2031 to 2035—
January 26th, 2026 / 3:50 p.m.
Director General, Business Income Tax Division, Department of Finance
To be clear, I have to say that Bill C‑15 talks about an extension. Full rates applied until 2030, and then rates fell 50% from 2031 to 2040. The change announced in the budget is to say that from 2031 to 2035—
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