The Canada Revenue Agency is making the public aware of some behind-the-scenes changes in the midst of tax season. 

David Nunes with the CRA says the lowest marginal tax rate has gone down from 15 per cent to 14 per cent. 

“So, that’s a bit of savings for people on the back end. It happened halfway through the year, so people making about $50,000 will save about $250 to $500. That’s nothing you have to do yourself. It’s automatically done for you.”

The second change is the introduction of the Canada Groceries and Essentials Benefit. If you meet the requirements, that payment will make its way to you in 2026.  

He reminds the public to update their CRA account if they moved, got married, had kids, or experienced any other significant life-changes recently, as all of these factors have tax implications that could be saving you money. 

“There are so many things that are left behind on the table. Money left behind is not being claimed by Canadians, so it takes a curious mind to see if you qualify for those.”

As always, the deadline to file your taxes is April 30th. Nunes says if you miss that deadline and owe money, you’ll be subjected to a 5 per cent penalty, and a 1 per cent follow up charge every month after that for up to one year.