Canada’s tax regime is undergoing significant change, and practitioners need to be ready. A report from McCarthy Tétrault, Tax Perspectives: Review of 2025 and 2026 Outlook, examines the evolving policy and economic backdrop, from what changed last year to what’s new in 2026 — and why it matters.
The authors lay out what these changes mean for corporate structures, cross‑border planning, M&A, and ongoing compliance. They also highlight emerging areas of CRA focus as well as trends in international tax reform and the practical implications of shifting fiscal priorities for Canadian and multinational businesses.
For those advising on complex matters, the report offers concrete guidance on risk mitigation and strategic planning. Exploring where tax disputes are likely to arise and how upcoming changes may affect transaction timelines and deal terms, it also outlines what boards should be asking their advisers as they navigate the coming years.
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Download the full Tax Perspectives: Review of 2025 and 2026 Outlook report here for a deeper dive into the key issues and opportunities shaping Canada’s tax environment.
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McCarthy Tétrault’s National Tax Group has an unparalleled understanding of the Canadian tax regime and can assist with all aspects of the Canadian tax advice you require including in the context of income and indirect tax planning and with tax disputes.


