$8,396 Federal Tax Credit Confirmed for Canadians 65+ in 2026 Tax Year
The Canada Revenue Agency (CRA) has confirmed that the maximum Age Amount Tax Credit for the 2026 tax year is set at $8,396. The measure applies to Canadians aged 65 and older and will reduce federal income tax payable when seniors file their 2026 returns in spring 2027. This is not a monthly payment. It … Read more