Canada Tax Update – June 2026

Key developments this week:

✅ Canada Groceries and Essentials Benefit begins rollout
✅ Self-employed filing deadline is June 15
✅ Federal business tax measures continue legislative progress

Action items for taxpayers:

• File self-employed returns before June 15
• Review tax instalments due June 15
• Verify CRA direct deposit information
• Update corporate tax projections

Businesses should continue monitoring pending federal tax legislation affecting investment planning and succession strategies.

Need quick tax answers? Try our new AsraniCPA Virtual Tax Assistant — available 24/7 for CRA questions, T1/T2 filing, HST, payroll and more. Start here: https://asranicpa.ca/tax-assistant

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