A change to federal income tax took effect in Canada this week. A spokesperson for the Canada Revenue Agency told INsauga.com that the change took effect on Tuesday. “The Government of Canada has ...

Canada's new income tax cut is officially here — and it could already mean a little more cash in your next paycheque. As of July 1, the federal government has dropped the personal income tax rate for ...

Canada rescinded the Digital Services Act after Donald Trump threatened to terminate trade talks on Friday.

With a middle-class tax cut promised by Prime Minister Mark Carney and the Liberal government coming into effect Tuesday, ...

With over 400 private mortgage lenders across Ontario, Private Lenders Ontario – Expert offers quick, confidential, and ...

The tax-free amount of income in Canada is the basic personal amount, which is the amount of income you can earn before you have to pay federal income tax. In 2023, the basic personal amount is ...

Canada's Income Tax Varies by Province However, how much a working middle-class Canadian pays in income taxes varies based on where the person lives and how much the “typical Canadian" makes in each ...

Income is reported and tax is calculated on an annual basis. To reflect a one-percentage-point cut in the lowest tax rate coming into effect halfway through the year, the full-year tax rate for 2025 ...

PICKERING — As part of its plan to protect Ontario, the government is continuing to lower costs for hard-working families, support local businesses and put more money back into people’s pockets ...

The amount of tax you have to pay on dividend income in Ontario depends on your taxable income and the type of dividends received. As of 2023, the top marginal tax rate in Ontario is 47.74% for ...

The Ontario tax deferral is similar to one the feds have already brought in. The federal government has already pledged $40 billion in corporate income tax and GST-HST deferrals.