In this episode of The Deep Dive, we unpack the sweeping fiscal changes shaping Canada’s economic landscape for 2025 and 2026. From Ottawa to the provincial capitals, governments are recalibrating tax policies, benefits, and investment priorities to respond to inflation and shifting economic pressures. At the federal level, listeners will learn about the planned reduction to the lowest income tax bracket and the introduction of a new Digital Services Tax aimed at modernizing revenue streams. We explore how updated RRSP and TFSA contribution limits fit into a broader affordability strategy. Across the provinces, Manitoba, Saskatchewan, Quebec, and British Columbia are rolling out major commitments in healthcare, education, and infrastructure. These include targeted tax credits designed to support families, workers, and small businesses navigating rising costs. We also examine how clean energy incentives are being used to accelerate the transition toward a low‑carbon economy. A key focal point is the looming 2026 review of the USMCA trade agreement, a process that could reshape North American commerce. What risks does this review pose for Canadian exporters? What opportunities might emerge for domestic industries? Throughout the episode, we connect the dots between policy decisions and their real‑world impact on households and regional growth. We break down how governments are using fiscal levers to stabilize budgets while still investing in long‑term competitiveness. Listeners will gain insight into the political and economic forces driving these changes. We highlight the tensions between short‑term affordability measures and long‑term structural reforms. The episode also considers how provinces are adapting differently based on their unique economic profiles. From resource‑rich regions to urban innovation hubs, the strategies vary—but the goals often converge. We discuss the role of inflation indexing in maintaining purchasing power. We look at how tax policy is being used to encourage investment and innovation. And finally, we reflect on what these combined measures signal about Canada’s economic direction heading into the mid‑2020s. Join us as we take a clear, comprehensive look at the policies shaping Canada’s financial future.