Changes coming to Quebec in 2025 [Video]

With the new year just days away, here is a look at some of the changes that are in store for Quebecers in 2025.

In November, the Canada Revenue Agency (CRA) updated the federal income tax brackets to reflect adjustments for inflation. While federal tax rates remain the same, the income thresholds for each bracket have shifted.

Here are the federal income tax brackets for the upcoming year

• Incomes of $57,375 or less tax bracket will be taxed at 15 per cent.
• Incomes between the $57,375.01 to $114,750 tax bracket will be taxed at 20.5 per cent.
• Incomes between the $114,750.01 to $177,882 tax bracket will be taxed at 26 per cent.
• Incomes between the $177,882.01 to $253,414 tax bracket will be taxed at 29 per cent.
• Incomes above $253,414.01 will be taxed at 33 per cent.

Here are the provincial income tax rates for the upcoming year

• Income of $53,255 or less will be taxed at 14 per cent.      
• Income between $53,255.01 …