Find out what a typical welding salary in Ontario, Canada, is in current times with our complete guide. It's surprising to see that...
The differences in living standards around the world are vast. In 1993, the average American had an income of about $25,000. In the same year, the average Mexican earned $7,000, and the average Nigerian earned $1,500. Not surprisingly, this large variation in average income is reflected...
Income splitting is a tax-saving strategy that divides a stream of income between family members (usually two spouses). The goal is to apportion as much of the higher-earning family member’s income to other family members, in an effort to get that higher-earning spouse into a lower tax ...
Provinces and territories each have their own graduated tax brackets, income limits and tax rates that differ from one another and the federal rates and tax brackets. This means that if you and a friend both have the same amount of taxable income, but you live in Ontario and they live in...
Income splitting is a tax-saving strategy that divides a stream of income between family members (usually two spouses). The goal is to apportion as much of the higher-earning family member’s income to other family members, in an effort to get that higher-earning spouse into a lower tax ...
This tells us a couple of things about the profile of the average gamer, too. The age group of 25-34 years old emerged as the biggest spenders in the gaming sector, as this is the age group that are both enthusiastsandhave more disposable income than they had previously. Given that it...
Income inequality and support for redistributive policies in Ontario: Who gets what, where, how, and who cares?Tara Sutton
What is the CHIP Reverse Mortgage? The CHIP Reverse Mortgage is Canada’s oldest and most widely-used reverse mortgage. It was HomeEquity Bank’s first reverse mortgage product, known in its early days as the Canadian Home Income Plan. It was rebranded as the CHIP Reverse Mortgage in 2014...
You can add your premium to your total mortgage amount. In this case, you’ll need to pay interest on your premium. One last thing to remember is that some provinces, including Ontario, Manitoba, and Quebec, apply local sales tax to mortgage loan insurance premiums. Your lender will be ab...
Canada PRO is how the government disperses certain tax credit and benefit program payments to eligible residents of Ontario and Alberta. Canada PRO deposits are made by the CRA on behalf of those provinces. You have to meet certain income and residency criteria to be eligible for benefits from...