Topic:"Income Tax Act" in M12780

Q1 2026 compared to Q1 2025 Q1 2026 net income decreased by $36 million compared to Q1 2025. The decrease is due to lower income tax recovery due to decreased clean technology investment tax credits and higher OM&G expenses due to higher s...

AI summary Q1 2026 net income decreased by $36 million compared to Q1 2025, primarily due to lower income tax recovery from reduced clean technology investment tax credits and increased OM&G expenses from higher storm restoration and power generation costs.

and services. [For full details on the 2018-base MBM and the associated disposable income concept, see](https://www150.statcan.gc.ca/n1/pub/75f0002m/75f0002m2019009-eng.htm) 'An update on the Market Basket Measure comprehensive review,' '[...

AI summary The text discusses the Market Basket Measure (MBM) as a low-income line used in the census, emphasizing its geographic sensitivity and limitations, such as not applying to territories or reserves. It also mentions the development of a Northern Market Basket Measure (MBM-N) to address unique Northern conditions.