Passive Income Tax Rate 2024 Canada.  — double the r&d tax credit.  — canada is estimated to have added 250,229 people between april and july this year, which represents a quarterly growth rate of 0.6 per cent, the agency said.

 — canada is estimated to have added 250,229 people between april and july this year, which represents a quarterly growth rate of 0.6 per cent, the agency said. After the 2024 tax bracket changes, more income is falling into lower tax brackets, potentially leading to lower taxes for many canadians.