Starting July 1, 2025, the lowest federal income tax rate in Canada is being reduced from 15% to 14%. That means nearly 22 million Canadians will see more take-home pay—automatically.

This middle-class tax cut was one of the first orders of business from Prime Minister Mark Carney’s new cabinet, and it’s designed to help with the rising cost of living by putting more money back in your pocket.

In this video, we break down:
✅ What’s changing
✅ Who benefits
✅ How much you’ll save
✅ Why your pay stub could look different in July

No forms. No delays. Just more cash in your hands.

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