2025 TAX ALERT CRA's prescribed interest rateonoverdue taxesfor the first quarter of 2025 isstill high at 8%(a whopping 10% in 2024). If you are going to owe income taxes this year, make sure you file and pay taxes owing by April 30th. Interest on unpaid balances will compound pretty...
For example, if the cheque date of your final pay period for 2024 is January 1, 2025, the 2025 tax tables must be used for that pay run. 3. Complete any necessary 2024 payroll reports. 4. Install the 2024 Canadian Payroll Year-End Update. See Installing the update. 5. Note: Do not...
Date Published: December 23, 2024Category: Canada Data Commentary Share this: Canada's economy beats growth expectations in October, pullback expected in November Canadian economic growth jumped 0.3% month-on-month (m/m) in October, ahead of Statistics Canada's advanced guidance and consensus ...
Obviously Canadians love their tax-efficient dividend income. The consistency of having those dividend payouts hit their accounts allows investors to better control their behaviors and stay focused on the long-term. What the dividend ETFs vs individual stocks decision ultimately boils down to for most...
--Canadian Solar Inc. today announced financial results for the third quarter ended September 30, 2024. 16.4% gross margin, above guidance of 14% to 16%. Grew e-STORAGE contracted backlog to record $3.2 billion, as of November 30, 2024. Achieved final cl
Net loss attributable toCanadian Solarin the third quarter of 2024 was$14 million, or$0.31per diluted share, compared to a net income of$4 million, or$0.02per diluted share, in the second quarter of 2024, and net income of$22 million, or$0.32per diluted share, in the third quarter of...
Gaining income from dividend stocks is one of the most tax-efficient ways that you can put your money to work for you. This is especially true at lower income levels (such as those that many retirees typically account for at the end of the year) when the dividend tax credit really shin...
If you earn an income of between $50,000 and $150,000 in Canada, you’re likely paying a marginal tax rate of about 40%. That means, if you open an RRSP account with Qtrade and invest $5,000, you’ll instantly get: $2,000 back on your taxes $150 sign up bonus $250 cash bac...
Bank of Montreal reported its fiscal Q3 2024 financial results on 08/27/24. For the quarter, compared to a year ago, adjusted net revenue was flat at C$8.2 billion, while adjusted net income fell 8% to C$2 billion.Adjusted diluted earnings per share (“EPS”) declined by 10% to C$...
TD1 Additional Tax Deducted Not rated yet Income tax for a person living in Quebec but working in Ontario Just wondering how much more this person can deduct on a bi-weekly basis to reduce … Vacation Pay Over/Underpayment Not rated yet Overpayment/underpayment of vacation pay to employees no...