Federal Budget 2025: Impact on charities and not-for-profits

By Terrance S. Carter and Theresa L.M. Man ( November 21, 2025, 12:43 PM EST) -- On Nov. 4, the federal government tabled the federal budget (Budget 2025), which includes several legislative proposals relevant to charities and not-for-profits (NFPs). Many of these proposals were contained in government releases throughout August 2024, December 2024, January 2025 and August 2025, though Budget 2025 did not explain any specifics of those proposals....