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2006 Federal Budget Tax Changes

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  • Starting a Family
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  • Losing a Loved One
  • Federal Tax Tables
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For the 2006 tax year, there are a number of new tax changes as well as enhancements to existing tax credits and deductions.

  • Canada Employment Credit
  • Tradesperson's Tool Deduction
  • Tax Credit for Transit Passes
  • Universal Child Care Benefit
  • Child Disability Benefit
  • Children's Fitness Tax Credit
  • Textbook Tax Credit
  • Scholarship, Fellowship and Bursary Income
  • Pension Income Amount
  • Donations of Publicly Traded Securities and Ecologically Sensitive Land
  • Enhanced Dividend Tax Credit for Dividends from Large Corporations
  • Capital Gains Treatment of Fishers
  • Apprenticeship Job Tax Credit
  • Capital Cost Allowance for Tools
  • Miscellaneous Provisions
  • Corporate Tax Measures
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