The OTB is just one of several government payments getting a refresh this month. Many income-tested benefits — like the ...

Mining and electronic technology stocks led broad gains in Toronto, countering weakness among tech-services and industrial stocks. Bombardier was one of the biggest drivers of the market, rising 4.6%.

Apple’s App Store and services – Apple Music, iTunes,and Apple TV – would be subject to the DST and generate $3 billion to $4 ...

The provincial government announced a $15-million Ontario Shipbuilding Grant Program during an event at Port Weller’s Ontario ...

Canada is proceeding with its digital services tax on technology companies such as Meta Platforms Inc. despite a Group of Seven agreement that resulted in removing the Section 899 “revenge tax” ...

This tax is not for residents. It's charged to guests staying in local hotels and other rental lodging. It’s called a Municipal Accommodation Tax — or MAT. CBC's Pratyush Dayal reports.

There might be a new tax coming to Essex County. It's something Windsor has already had for 7 years. This tax is not for residents. It's charged to guests staying in local hotels and other rental ...

New Zealand’s wealthiest individuals and families collectively hold a staggering NZ$102.1 billion, marking a rise from NZ$95.55 billion in 2024, according to the 2025 National Business Review (NBR) ...

In 2024, total accommodation revenue subject to the MAT, the municipal accommodation tax, was $32 million. The tax on that, including interest, generated about $1.4 million for the County.

Projected MAT revenue for short-term rentals would be expected to be $60,000 to $110,000. That works out to projected annual revenues of $328,000 to $580,000.

Anderson says the proposed two per cent increase in the municipal accommodation tax (MAT) "will not impact the competitiveness of local hotels as, on average, it is expected to translate into an ...

Between June 1, 2025, and July 31, 2026, the City of Toronto will be temporarily increasing the mandatory Municipal Accommodation Tax (MAT) rate on transient accommodations from 6 per cent to 8.5 ...