New year, new tax measures — what to expect in 2024

New tax measures, and changes to existing ones, will begin affecting Canadians in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they’re high-income earners.

New year, new tax measures — what to expect in 2024
A sign indicating Airbnb rentals are not permitted is seen at the entrance to a condo tower, in Vancouver, on Thursday, November 23, 2023.

New tax measures, and changes to existing ones, will begin affecting Canadians in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they’re high-income earners.