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1 change: 1 addition & 0 deletions changelog.d/federal-2024-2025-params.added.md
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@@ -0,0 +1 @@
Updated all federal CRA parameters through 2025: income tax brackets and rates (including 14.5% lowest bracket for 2025, 14% for 2026), Basic Personal Amount, Age Amount credit, Canada Employment Amount, Disability Tax Credit, Canada Child Benefit, Child Disability Benefit, Canada Workers Benefit, GST/HST credit, Old Age Security pension and clawback thresholds, Climate Action Incentive amounts for 2023-24 and 2024-25 (including new provinces NB, NL, NS, PE and rural supplement increase to 20%), and Canada Training Credit income thresholds.
14 changes: 14 additions & 0 deletions policyengine_canada/parameters/gov/cra/benefits/ccb/base.yaml
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Expand Up @@ -2,10 +2,16 @@ description: Canada Child Benefit amount by child age.
brackets:
- amount:
2022-07-01: 6_997
2023-07-01: 7_437
2024-07-01: 7_787
2025-07-01: 7_997
threshold:
2022-07-01: 0
- amount:
2022-07-01: 5_903
2023-07-01: 6_275
2024-07-01: 6_570
2025-07-01: 6_748
threshold:
2022-07-01: 6
- amount:
Expand All @@ -22,3 +28,11 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB amounts for July 2022 - June 2023 benefit year (max under 6 = $6,997, max 6-17 = $5,903)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CCB amounts for July 2023 - June 2024 benefit year (max under 6 = $7,437, max 6-17 = $6,275)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CCB amounts for July 2024 - June 2025 benefit year (max under 6 = $7,787, max 6-17 = $6,570)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CCB amounts for July 2025 - June 2026 benefit year (max under 6 = $7,997, max 6-17 = $6,748)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
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Expand Up @@ -7,3 +7,5 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB calculation page (shared custody divisor = 2)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
Original file line number Diff line number Diff line change
Expand Up @@ -9,12 +9,18 @@ brackets:
- threshold:
values:
2022-07-01: 32_797
2023-07-01: 34_863
2024-07-01: 36_502
2025-07-01: 37_487
rate:
values:
2022-07-01: 0.23
- threshold:
values:
2022-07-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2022-07-01: 0.095
Expand All @@ -29,3 +35,11 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB reduction (4+ children) for July 2022 - June 2023 benefit year (thresholds - $32,797 / $71,060, rates - 23% / 9.5%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CCB reduction (4+ children) for July 2023 - June 2024 benefit year (thresholds - $34,863 / $75,537, rates - 23% / 9.5%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CCB reduction (4+ children) for July 2024 - June 2025 benefit year (thresholds - $36,502 / $79,087, rates - 23% / 9.5%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CCB reduction (4+ children) for July 2025 - June 2026 benefit year (thresholds - $37,487 / $81,222, rates - 23% / 9.5%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
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Expand Up @@ -9,12 +9,18 @@ brackets:
- threshold:
values:
2022-07-01: 32_797
2023-07-01: 34_863
2024-07-01: 36_502
2025-07-01: 37_487
rate:
values:
2022-07-01: 0.07
- threshold:
values:
2022-07-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2022-07-01: 0.032
Expand All @@ -29,3 +35,11 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB reduction (1 child) for July 2022 - June 2023 benefit year (thresholds - $32,797 / $71,060, rates - 7% / 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CCB reduction (1 child) for July 2023 - June 2024 benefit year (thresholds - $34,863 / $75,537, rates - 7% / 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CCB reduction (1 child) for July 2024 - June 2025 benefit year (thresholds - $36,502 / $79,087, rates - 7% / 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CCB reduction (1 child) for July 2025 - June 2026 benefit year (thresholds - $37,487 / $81,222, rates - 7% / 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
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Expand Up @@ -9,15 +9,21 @@ brackets:
- threshold:
values:
2022-07-01: 32_797
2023-07-01: 34_863
2024-07-01: 36_502
2025-07-01: 37_487
rate:
values:
2022-07-01: 0.19
- threshold:
values:
2022-07-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2022-02-01: 0.08
2022-07-01: 0.08

metadata:
type: marginal_rate
Expand All @@ -28,3 +34,11 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB reduction (3 children) for July 2022 - June 2023 benefit year (thresholds - $32,797 / $71,060, rates - 19% / 8%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CCB reduction (3 children) for July 2023 - June 2024 benefit year (thresholds - $34,863 / $75,537, rates - 19% / 8%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CCB reduction (3 children) for July 2024 - June 2025 benefit year (thresholds - $36,502 / $79,087, rates - 19% / 8%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CCB reduction (3 children) for July 2025 - June 2026 benefit year (thresholds - $37,487 / $81,222, rates - 19% / 8%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
Original file line number Diff line number Diff line change
Expand Up @@ -9,12 +9,18 @@ brackets:
- threshold:
values:
2022-07-01: 32_797
2023-07-01: 34_863
2024-07-01: 36_502
2025-07-01: 37_487
rate:
values:
2022-07-01: 0.135
- threshold:
values:
2022-07-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2022-07-01: 0.057
Expand All @@ -29,3 +35,11 @@ metadata:
reference:
- title: Government of Canada - Canada Child Benefit
href: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4114/canada-child-benefit.html
- title: CRA CCB reduction (2 children) for July 2022 - June 2023 benefit year (thresholds - $32,797 / $71,060, rates - 13.5% / 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CCB reduction (2 children) for July 2023 - June 2024 benefit year (thresholds - $34,863 / $75,537, rates - 13.5% / 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CCB reduction (2 children) for July 2024 - June 2025 benefit year (thresholds - $36,502 / $79,087, rates - 13.5% / 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CCB reduction (2 children) for July 2025 - June 2026 benefit year (thresholds - $37,487 / $81,222, rates - 13.5% / 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
14 changes: 14 additions & 0 deletions policyengine_canada/parameters/gov/cra/benefits/cdb/base.yaml
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@@ -1,6 +1,10 @@
description: Maximum amount that can be received per eligible child under the canada child disability benefit.
values:
2021-01-01: 2_985
2022-07-01: 2_985
2023-07-01: 3_173
2024-07-01: 3_322
2025-07-01: 3_411
metadata:
unit: currency-CAD
period: year
Expand All @@ -9,3 +13,13 @@ metadata:
reference:
- title: Government of Canada - Child disability benefit (CDB)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/child-disability-benefit.html
- title: CRA CDB amounts for January 2021 - June 2022 benefit year (max = $2,985 per eligible child)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-payment-amounts.html
- title: CRA CDB amounts for July 2022 - June 2023 benefit year (max = $2,985 per eligible child)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2022-june-2023-payments-2021-tax-year.html
- title: CRA CDB amounts for July 2023 - June 2024 benefit year (max = $3,173 per eligible child)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CDB amounts for July 2024 - June 2025 benefit year (max = $3,322 per eligible child)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CDB amounts for July 2025 - June 2026 benefit year (max = $3,411 per eligible child)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
Original file line number Diff line number Diff line change
Expand Up @@ -9,6 +9,9 @@ brackets:
- threshold:
values:
2021-01-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2021-01-01: 0.032
Expand All @@ -23,3 +26,11 @@ metadata:
reference:
- title: Government of Canada - Child disability benefit (CDB)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/child-disability-benefit.html
- title: CRA CDB reduction (1 child) for January 2021 - June 2023 benefit year (threshold - $71,060, rate - 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-payment-amounts.html
- title: CRA CDB reduction (1 child) for July 2023 - June 2024 benefit year (threshold - $75,537, rate - 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CDB reduction (1 child) for July 2024 - June 2025 benefit year (threshold - $79,087, rate - 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CDB reduction (1 child) for July 2025 - June 2026 benefit year (threshold - $81,222, rate - 3.2%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
Original file line number Diff line number Diff line change
Expand Up @@ -9,6 +9,9 @@ brackets:
- threshold:
values:
2021-01-01: 71_060
2023-07-01: 75_537
2024-07-01: 79_087
2025-07-01: 81_222
rate:
values:
2021-01-01: 0.057
Expand All @@ -23,3 +26,11 @@ metadata:
reference:
- title: Government of Canada - Child disability benefit (CDB)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/child-disability-benefit.html
- title: CRA CDB reduction (2+ children) for January 2021 - June 2023 benefit year (threshold - $71,060, rate - 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-payment-amounts.html
- title: CRA CDB reduction (2+ children) for July 2023 - June 2024 benefit year (threshold - $75,537, rate - 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-ccb-calculation-sheet-july-2023-june-2024-payments-2022-tax-year.html
- title: CRA CDB reduction (2+ children) for July 2024 - June 2025 benefit year (threshold - $79,087, rate - 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2024-june-2025-payments-2023-tax-year.html
- title: CRA CDB reduction (2+ children) for July 2025 - June 2026 benefit year (threshold - $81,222, rate - 5.7%)
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit/canada-child-benefit-ccb-calculation-sheet-july-2025-june-2026-payments-2024-tax-year.html
Original file line number Diff line number Diff line change
@@ -1,15 +1,26 @@
description: The maximum supplement amount allowed under the canada workers benefit.
values:
2022-12-31: 720
2023-12-31: 784
2024-12-31: 821
2025-12-31: 843
metadata:
unit: currency-CAD
period: year
name: canada_workers_benefit_supplement_amount
label: Canada workers benefit supplement amount
label: Canada workers benefit supplement amount
reference:
- title: Government of Canada - Canada workers benefit
href: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-workers-benefit.html
- title: Government of Canada - Canada workers benefit
href: https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/budget-2021-recovery-plan-for-jobs-growth-resilience/canada-workers-benefit-qa.html
- title: Income Tax Act (Part I)(Division E)(Subdivision A.2)(1.3)(3)(a)
href: https://laws-lois.justice.gc.ca/eng/acts/I-3.3/page-96.html#h-299725
- title: CRA CWB amounts for 2022 tax year (disability supplement = $720)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-22e.pdf
- title: CRA CWB amounts for 2023 tax year (disability supplement = $784)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-23e.pdf
- title: CRA CWB amounts for 2024 tax year (disability supplement = $821)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-24e.pdf
- title: CRA CWB amounts for 2025 tax year (disability supplement = $843)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-25e.pdf
Original file line number Diff line number Diff line change
@@ -1,6 +1,9 @@
description: The maximum base amount allowed for families under the canada workers benefit.
values:
2022-12-31: 2_403
2023-12-31: 2_616
2024-12-31: 2_739
2025-12-31: 2_813
metadata:
unit: currency-CAD
period: year
Expand All @@ -13,3 +16,11 @@ metadata:
href: https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/budget-2021-recovery-plan-for-jobs-growth-resilience/canada-workers-benefit-qa.html
- title: Income Tax Act (Part I)(Division E)(Subdivision A.2)(1.3)(2)(A)(b)
href: https://laws-lois.justice.gc.ca/eng/acts/I-3.3/page-96.html#h-299725
- title: CRA CWB amounts for 2022 tax year (max family = $2,403)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-22e.pdf
- title: CRA CWB amounts for 2023 tax year (max family = $2,616)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-23e.pdf
- title: CRA CWB amounts for 2024 tax year (max family = $2,739)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-24e.pdf
- title: CRA CWB amounts for 2025 tax year (max family = $2,813)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-25e.pdf
Original file line number Diff line number Diff line change
@@ -1,6 +1,9 @@
description: The maximum base amount allowed for single filers under the canada workers benefit.
values:
2022-12-31: 1_395
2023-12-31: 1_518
2024-12-31: 1_590
2025-12-31: 1_633
metadata:
unit: currency-CAD
period: year
Expand All @@ -13,3 +16,11 @@ metadata:
href: https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/budget-2021-recovery-plan-for-jobs-growth-resilience/canada-workers-benefit-qa.html
- title: Income Tax Act (Part I)(Division E)(Subdivision A.2)(1.3)(2)(A)(a)
href: https://laws-lois.justice.gc.ca/eng/acts/I-3.3/page-96.html#h-299725
- title: CRA CWB amounts for 2022 tax year (max single = $1,395)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-22e.pdf
- title: CRA CWB amounts for 2023 tax year (max single = $1,518)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-23e.pdf
- title: CRA CWB amounts for 2024 tax year (max single = $1,590)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-24e.pdf
- title: CRA CWB amounts for 2025 tax year (max single = $1,633)
href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5007-tc/5007-tc-25e.pdf
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