Consultation on draft legislative proposals to implement certain tax measures announced in Budget 2025 or earlier
Current Status: Open
Join In
This consultation seeks views and feedback on draft legislative proposals to implement certain tax measures announced in Budget 2025 or earlier.
Specifically, we want to hear from you regarding the draft legislative proposals released by the Department of Finance on January 29, 2026, to implement the following tax measures:
- Qualified Investments for Registered Plans,
- Reporting by Non-profit Organizations,
- 21-Year Rule,
- Canada Carbon Rebate for Households (Winding Down),
- Immediate Expensing for Manufacturing and Processing Buildings,
- Clean Hydrogen Investment Tax Credit (Methane Pyrolysis and Technical Amendments),
- Carbon Capture, Utilization and Storage Investment Tax Credit (Technical Amendments),
- Tax Deferral Through Tiered Corporate Structures,
- Eligible activities under the Canadian Exploration Expense,
- Hybrid Mismatch Arrangements,
- Investment Income Derived from Assets Supporting Canadian Insurance Risks, and
- Global Minimum Tax Act (Technical Amendments).
We also invite you to submit any additional comments or feedback relevant to the scope of this consultation. Send us your official documentation by email.
Send us an email
Send us an email at: Consultation-Legislation@fin.gc.ca with the title of the tax measure under consultation as the subject line.
Comments should be sent by February 27, 2026.
Participate by mail
Director General, Legislation
Tax Legislation Division
Department of Finance Canada
James Michael Flaherty Building
90 Elgin Street
Ottawa ON K1A 0G5
Who is the focus of this consultation?
Through this consultation, we want to hear from individual Canadians and stakeholders.
What’s next?
Comments received during the consultation will be considered and used to revise and finalize these legislative proposals for eventual inclusion in a bill tabled in Parliament.
Those providing comments are asked to indicate clearly the name of the individual or the organization that should be identified as having made the submission. In order to respect privacy and confidentiality, please advise when providing your comments whether you:
- consent to the disclosure of your comments in whole or in part;
- request that your identity and any personal identifiers be removed prior to publication; or
- wish that any portions of your comments be kept confidential (if so, clearly identify the confidential portions).
Information received through this comment process is subject to the Access to Information Act and the Privacy Act. Should you indicate that your comments, or any portions thereof, be considered confidential, the Department of Finance will make all reasonable efforts to protect this information.
Related links
- Government launches consultation on draft legislation for previously announced and technical tax measures
- Legislative Proposals Relating to the Global Minimum Tax Act, the Income Tax Act and the Income Tax Regulations
- Budget 2025
- 2024 Fall Economic Statement
Contact Us
Any questions about the consultation should be sent to: Consultation-Legislation@fin.gc.ca.