If you were sweating about getting your income taxes filed on time, the federal government has given you a bit of a break.
Rather than the typical deadline of April 30, the federal government has extended the deadline until June 1, meaning you have about an extra month to get your taxes filed.
Revenue Canada has already stated the critical services, including income taxes, would be maintained during this time.
Widely reported since yesterday, today Finance Minister Bill Morneau confirmed that the deadline is being extended.
Besides extending the filing deadline, the federal government has also extended the deadline to pay off outstanding income tax balances interest-free. The new deadline is July 31. This also applies to corporate taxes.
