Forward Regulatory Plan Updates for 2025-2027

This plan provides information on regulatory proposals that the Department of Finance Canada expects to bring forward over the next two years. It also identifies public consultation opportunities and a departmental contact point for each regulatory initiative. 

Proposed Regulatory Initiatives

Finance Canada

Tax Policy Branch 

• Automobile Deduction Limits and Expense Benefit Rates
• Draft Regulations Amending the Fuel Charge Regulations
• Draft Real Property (GST/HST) Regulations
• Draft Regulations Making the Excise Duties on Vaping Products Regulations and Amending Various Regulations Relating to Excise Duties
• Input Tax Credit Information Requirements
• Livestock Deferral
• Regulatory Proposals Relating to the Goods and Services Tax/Harmonized Sales Tax, Excise Levies and Other Taxes (August 2022)
• Regulatory Proposals Relating to the Goods and Services Tax/Harmonized Sales Tax, Excise Levies and Other Taxes (August 2023)
• Regulatory Proposals Relating to the Underused Housing Tax Act
• Regulatory Proposals Relating to Income Tax (August 2024)

Financial Sector Policy Branch

• Non-Financial Activities Regulations
• Regulations Amending the Pension Benefits Standards Regulations, 1985 and the Pooled Registered Pension Plans Regulations (In-Plan Unlocking and Buy-out Annuities)
• Regulations Amending the Pension Benefits Standards Regulations, 1985 and the Pooled Registered Pension Plans Regulations (Variable Payment Life Annuities)
• Regulations Amending the Pension Benefits Standards Regulations (Persons who Cannot be Located)
• Regulations Amending the Pensions Benefits Standards Regulations, 1985 (Governance and Transparency)
• Regulations Amending the Pension Benefits Standards Regulations, 1985 (Solvency Reserve Accounts and Multi-Employer Pension Plans)
• Retail Payment Activities Act, Assessment Fee Regulations
• Criminal Interest Rate Regulations
• Amendments to Regulations under the Proceeds of Crime and (Money Laundering) and Terrorist Financing Act (Fall Economic Statement 2023) – Forward Regulatory Plan 2023-2025
• Amendments to Regulations under the Proceeds of Crime and (Money Laundering) and Terrorist Financing Act (Budget 2024) – Forward Regulatory Plan 2023-2025
• Amending Regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Strong Borders Act)