Tax Resources & Tools

November 1, 2025

Okay, so here's the deal with 2025 - and I'm gonna break this down without the usual accounting jargon that makes your eyes glaze over.

Capital Gains Changes

The big one everyone's talking about is the capital gains inclusion rate. If you're selling investments or property, the rules have shifted a bit. For most folks, it won't be a huge deal, but if you're sitting on substantial gains, we should definitely talk before you pull the trigger on any sales.

Home Office Deductions (Finally!)

Remember all that confusion during the pandemic about claiming home office expenses? Well, the CRA actually listened for once. There's now a clearer framework that makes sense for people who legitimately work from home. No more temporary measures that expire - this is the real deal.

Estate Planning Opportunities

Some interesting stuff happening here with inter-generational wealth transfers. If you're thinking about passing assets to your kids or setting up trusts, there are some new provisions that could save your family a pile of tax down the road.

What Should You Do?

Don't panic - that's rule number one. Most of these changes are actually positive or neutral for average taxpayers. But if you've got rental properties, investments, or a small business, it's worth having a conversation to make sure you're positioned right.

Give us a call at (604) 287-9453 and we'll walk through what these changes mean for your specific situation. No charge for a quick chat to see if we need to make any moves before year-end.