Budget 2026: Forgetting to file tax forms could cost up to eight times more
On Nov. 5, 2026, the Canadian Federal Government released the 2026 Federal Budget with the aspirational title “Masters of our Destiny”, introducing a medley of new tax measures (Budget 2026). Read BLG’s comprehensive analysis for a broader overview of the 2026 federal budget measures. Budget 2026 features some positive headline ideas but also quietly introduces a significant increase in administrative penalties. What you need to know Standard administrative penalties are increasing…

