Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...
With the current federal and provincial/territorial tax rates in Canada, no one pays more than 27% capital gains tax on gains of under $250,000. You can reduce the amount of capital gains tax you ...
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA). The CRA revealed the federal tax brackets for 2025, adjusted for inflation.
The White House said Trump's tariff order also includes a mechanism to escalate the rates if the countries retaliate against ...
Newly elected U.S. President Donald Trump has threatened to impose a 25-per-cent tariff on all goods from Canada. With that potential damage hanging over the economy, some argue the central bank will ...
However, the Canada Revenue Agency had already started ... of your income on your personal tax return. Below are the federal tax brackets for 202, which can give you an idea of how much tax ...
The central bank’s interest rate currently sits at 3.25 per cent, the top-line of the bank’s neutral range. In December, Bank ...
Canadian consumers appear to have embraced falling interest rates and ended the holiday season with the strongest spending in nearly two years.
Hours after President Trump signed the order Saturday, Mexican President Claudia Sheinbaum ordered retaliatory tariffs.
Canada uses a progressive or graduated tax ... the taxes you pay will increase. In addition to the federal tax brackets and rates, each province and territory has its own income tax brackets ...
Each year, the CRA indexes various benefits and credits and the federal tax brackets to inflation based on Consumer Price Index data from Statistics Canada. For 2025, they've gone up by 2.7% — a ...