Legislative Proposals Relating to the Global Minimum Tax Act, the Income Tax Act and the Income Tax Regulations

Published by

The Honourable François-Philippe Champagne, P.C., M.P.,
Minister of Finance and National Revenue

January 2026

Legislative Proposals Relating to the Global Minimum Tax Act

•  PDF Version: Legislative Proposals Relating to the Global Minimum Tax Act - [160 KB]

Legislative Proposals Relating to the Income Tax Act and the Income Tax Regulations

•  PDF Version: Legislative Proposals Relating to the Income Tax Act and the Income Tax Regulations - [505 KB]

Various clauses in these draft legislative proposals take into consideration the possibility that Bill C-15, introduced in the 1^st session of the 45^th Parliament and entitled the Budget 2025 Implementation Act, No. 1, may be granted royal assent.

Explanatory Notes

Explanatory Notes to Legislative Proposals Relating to the Global Minimum Tax Act

•  PDF Version: Explanatory Notes to Legislative Proposals Relating to the Global Minimum Tax Act - [227 KB]

Explanatory Notes to Legislative Proposals Relating to the Income Tax Act and Regulations

•  PDF Version: Explanatory Notes to Legislative Proposals Relating to the Income Tax Act and Regulations - [747 KB]