How Canada budget 2025 affects your wallet

3 hours ago 1

Spoiler alert: It just got easier to buy an airplane or boat worth $250,000 or more

yachtIf you’ve been holding off on buying that luxury boat or airplane, your wait is over, as the luxury tax is being repealed on boats and airplanes as of Nov. 5. Photo by Postmedia

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Tax expert Jamie Golombek, managing director, tax and estate planning with CIBC Private Wealth, reports from the federal budget 2025 lockup in Ottawa on what changes mean for taxpayers and businesses.

Financial Post

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Spoiler alert: It just got easier to buy an airplane or boat worth $250,000 or more.

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