Bill Detail
An Act to amend the Income Tax Act (volunteer firefighting and search and rescue volunteer tax credit)
This enactment amends subsections 118.06(2) and 118.07(2) of the Income Tax Act in order to increase the amount of the tax credits for volunteer firefighting and search and rescue volunteer services from $6,000 to $10,000. The enactment also modifies the definition of “eligible volunteer firefighting services”.
This bill proposes to increase the federal tax credit for volunteer firefighters and search and rescue volunteers. Currently, these volunteers can claim a tax credit based on $6,000 of their service. This bill would raise that amount to $10,000, meaning they could potentially receive a larger tax refund or pay less tax.
The bill also clarifies what qualifies as 'eligible volunteer firefighting services'. This change is intended to benefit individuals who dedicate their time to these vital community services, recognizing their contributions and aiming to provide greater financial relief through the tax system. The proposed changes would apply to the 2026 tax year and onwards.