On April 16, 2024, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, presented the federal government’s budget. Read more about the tax initiatives proposed in the budget in our in-depth Tax Insights.
PwC Canada's Federal budget analysis Learn more On April 16, 2024, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, presented the federal government’s budget. Read more about the tax initiatives proposed in the budget in our in-depth Tax Insights. Key highlights: Increase...
TAX baseTAX administration & procedureSince the end of the Second World War, successive agreements aimed at ensuring better coordination between Canada and the provinces in terms of income taxation have increased provincial fiscal autonomy. The current tax co...
“The federal and provincial governments are spending roughly $68 billion annually on interest payments,” he said. “That’s going to leave fewer resources for government programs like health care, education, social services, or even possible tax cuts.” He also notes that today’s debt is go...
The provincial government said it would have projections on how much revenue the tax would generate for Ontario “in the coming months.” This report by The Canadian Press was first published Nov. 3, 2023.
The Canada child benefit (CCB) is a non-taxable amount paid monthly to help eligible families with the cost of raising children under 18 years of age. The CCB may include an additional amount for the child disability benefit. As of July 2016, this benefit replaces the Canada child tax ...
these proposals is the overall fate of carbon taxation in Canada. Conservative Leader Pierre Poilievre said his party, which is currently leading by wide margins in the polls ahead of the federal Liberals of Prime Minister Justin Trudeau, has promised to get rid of the federal carbon tax....
Unfortunately, tickets are not tax deductible. The reason being is that it isn’t a pure donation but rather a guest is receiving back value (entertainment, drinks, etc.) that is proportionate to their contribution. What should I wear?
the rollback of most affordability measures this year, low-income households can expected further relief through tax measures. Public investment through the Quebec Infrastructure Plan received another significant boost, offsetting some of the drop in private ...
In a change of format, the 2014 Canadian Tax Journal introduced a new "Finances of the Nation" feature, which presents annual surveys of provincial and territorial budgets and topical articles on taxation and public expenditures in Canada. This article surveys the 2023-2...