Payment Deferral and Interest Relief Between April 2 and June 30, 2025

On March 28, the Canada Revenue Agency announced the following tax relief measures to support businesses affected by customs duties:

• Deferral of GST/HST and corporate income tax payments for the period between April 2 and June 30, 2025

• Waiver of interest on late GST/HST and corporate income tax payments due between April 2 and June 30, 2025;

• Interest relief on existing GST/HST and corporate income tax balances between April 2 and June 30, 2025.

Furthermore, Revenu Québec has already announced its intention to align these reliefs with the QST and corporate income tax systems.

It is important to note, however, that corporations must continue to file their returns on time.

Interest calculation will resume as of July 1, 2025.

For more information, please contact your FBL representative.