OTHER NON-REFUNDABLE CREDITS

Several smaller federal credits apply to specific groups. They are easy to miss because tax software only asks about them if a box is ticked.

VOLUNTEER FIREFIGHTERS & RESCUE VOLUNTEERS (LINES 31220 & 31240)

• $6,000 amount for 2025 and later years (doubled from $3,000).

• Requires at least 200 hours of eligible volunteer service in the year, certified by the fire department or search and rescue organisation.

• Someone who claims this credit cannot also use the $1,000 tax exemption for honoraria paid to emergency service volunteers.

ADOPTION EXPENSES (LINE 31300)

• Eligible expenses per child, claimed in the year the adoption is finalised.

• Includes agency fees, legal and court costs, travel and living expenses for the child and adoptive parents, document translation and mandatory immigration costs.

• Can be split between adoptive parents.

AMOUNTS TRANSFERRED FROM A SPOUSE (LINE 32600)

Unused age, pension, disability, tuition (current year, up to $5,000) and Canada caregiver for children amounts can be transferred from a spouse or common-law partner using Schedule 2.

DIGITAL NEWS SUBSCRIPTION EXPENSES

A credit for subscriptions to qualifying Canadian digital news organisations was available for 2020 through 2024 only. It cannot be claimed for 2025 or later years.

LABOUR-SPONSORED FUNDS

A federal 15 percent credit on investments of up to $5,000 in labour-sponsored venture capital corporations, for a maximum credit of $750.

POLITICAL CONTRIBUTION CREDIT (LINE 41000)

Up to $650 for contributions to registered federal parties and candidates. See Charitable Donations.

FOREIGN TAX CREDIT (LINE 40500)

Calculated on Form T2209. Relieves double taxation on foreign income, limited to the Canadian tax on that income. Excess foreign tax on investment income above 15 percent may be deductible instead.