Bill C-4 Returns to House with Amendments: Elections Act Overhaul, Potential Carbon Tax Repeal, Home Buyer Tax Relief
The Standing Committee on Finance has reported back Bill C-4 to the House with amendments. Presented by Burlington MP Karina Gould, the bill aims to overhaul the Elections Act, potentially repeal the 'carbon tax', and introduce tax relief for first-time home buyers. Bill C-4, introduced in 2025, seeks to create a national, uniform system for handling political parties' personal information, updating the Elections Act. The committee, chaired by Gould, has decided to send the bill back to the House with proposed changes. The bill also targets the Greenhouse Gas Pollution Pricing Act and Fuel Charge Regulations. It may repeal the consumer 'carbon tax', although specific amendments from the Finance Committee are not detailed in the provided information. Among its measures, Bill C-4 includes a plan to reduce the lowest marginal income tax rate to 14% by 2026. Additionally, it introduces a new GST/HST rebate for first-time home buyers purchasing new or substantially renovated homes. Bill C-4, as reported back to the House, proposes significant changes to the Elections Act, tax policies, and home buyer incentives. The final form of the bill will depend on the House's consideration of the Finance Committee's amendments.
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