Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA). The CRA ...
Pierre Poilievre, the leader of Canada’s Conservative Party, is promising to eliminate the increase to the capital gains ...
For 2025, income tax brackets are increasing. Federal tax is 15 per cent for earnings up to $57,375; 20.5 per cent for ...
Municipal budget season in Ontario is coming to a close, and if there’s one major takeaway from all of these proposals and ...
If Toronto city council approves Mayor Olivia Chow’s new budget, the city will increase property taxes by 6.9%. This increase ...
There are several changes coming into effect as early as Jan. 1 that could affect people’s pocketbooks and how they file tax ...
In Canada, dividend stocks provide a tax advantage ... As of 2023, the top marginal tax rate in Ontario is 47.74% for those who earn more than $220,000 per year. However, the gross-up and dividend ...
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution room and other implications?
Canada’s tax authority will continue applying the higher capital gains inclusion rate despite Prime Minister Justin Trudeau’s suspension of Parliament. Trudeau’s government introduced the ...