Reducing costs and helping you get ahead

Here's how the Government of Canada is helping you bring down your costs and make the most of your money.

• Cutting taxes

  The government has introduced a tax cut, providing tax relief for nearly 22 million Canadians and saving two-income families up to $840 a year.

  This cut reduces the tax rate applied to the first $57,375 (in 2025) of a person's taxable income, regardless of their income. The bulk of total tax relief will go to those with incomes in the two lowest tax brackets, including nearly half to those in the first bracket. This measure is expected to deliver over $27 billion in tax savings to Canadians over 5 years, starting in 2025-26.

  Understand the tax cut
• Removing the federal consumer fuel charge

  The Government of Canada removed the federal consumer fuel charge, effective April 1, 2025, and introduced legislation that would permanently repeal it.

  Find out more
• Expanding dental care and pharmacare

  The Canadian Dental Care Plan (CDCP) is helping make the cost of dental care more affordable for eligible Canadian residents.

  Check if you're eligible

  If your province or territory has signed up for pharmacare, you can get different contraception and diabetes products at the pharmacy counter for free. You'll need a valid prescription for many of them.

  If you live outside these areas, contact your provincial or territorial health ministry to learn about public prescription coverage.

  How to access pharmacare

• Affordable early learning and child care

  With the Government of Canada's affordable, universal early learning and child care system, Canadian families will see their fees reduced for regulated child care spaces.

  Find affordable child care
• Reducing transportation costs

  The Government is cutting costs associated with interprovincial transportation routes in Atlantic Canada and Eastern Québec. Since August 2025, the Government has:

  • cut Confederation Bridge tolls for all vehicles from over $50 to $20
  • cut fares by 50% for passengers, vehicles, and commercial traffic on the Eastern Canada Ferry Services that are federally supported
  • funded Marine Atlantic Inc. to reduce fares by 50% for passengers and passenger vehicles on both routes and freeze commercial freight rates

  These changes put money back in your pockets. They help lower costs, help you travel between provinces, and drive long-term economic growth.

  • Dropping bridge and ferry toils saves users approximately $100 million. $100 million that can be reinvested into our economy, year after year.
  • Reduced fares in Newfoundland and Labrador are expected to bring $28 million into the province’s economy through a boost in out-of-province tourism

  Read the detailed announcement

• Canada disability benefit

  The Canada Disability Benefit provides direct financial support to people with disabilities who are between 18 and 64 years old.

  If you qualify for payments, you will begin receiving payments the month after your application is approved.

  Check if you qualify today
• Largest pay raise for the Canadian Armed Forces in a generation

  New measures to increase pay and put more money in the pockets of everyone who serves.

  Learn about these new measures
• Paying for school and starting your career

  Whether you're still in school, have just graduated, or are figuring out your next steps, there are programs and resources to help you find a job, get training or fund your education.

  • Build your resume, find volunteer opportunities and learn about apprenticeship and trades
    Grow your experience through training and apprenticeships

  • Get help paying for school: apply for grants, student aid loans, scholarships and repayment support
    Research student aid and education planning
• Help for home buyers

  Eliminating the GST for first-time home buyers Proposed

  The Government introduced legislative proposals to eliminate the Goods and Services Tax (GST) on new homes valued up to $1 million for first-time home buyers, saving them up to $50,000, and to lower the GST for first-time home buyers on new homes valued between $1 million and $1.5 million.

  Find out how you can benefit

  First-time home buyers

  Get help determining your budget, learning how to save for a home and securing a mortgage.

  Get help for buying a home

Savings on everyday items

• At the grocery store
• Stop overpaying - start switching for services such as your cell phone, internet, TV, banking and insurance
• Save money on energy for your home

Making the most of your money

The Government has a set of tools that help with housing, budgeting, banking, money transfers, insurance and planning your finances at different life stages.

Managing your money

There are many benefits, credits and programs available when you do your taxes. You may need to apply for certain benefits and credits, while others you can claim when filing your taxes.

Every dollar counts

Helping you avoid scams and fraud

Some scams are easy to spot. Some are not. Many scams and frauds attempt to imitate government services to gain access to your personal and financial information. Don't take chances with suspicious or unofficial links.

Learn the signs so you can protect yourself from scammers