Put differently, a tax bracket has a specific tax rate applied to that range of income. Canada uses a progressive or graduated tax system that taxes higher levels of income at progressively higher ...

According to another study published by the University of Calgary, lowering the business tax rate to eight per cent in P.E.I.

The Canadian Taxpayer’s Federation has filed an application for a judicial review of the Liberal government’s changes to the ...

President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...

OTTAWA--The overall share of after-tax income held by Canada's middle-class households declined over a one-year period, as investment gains failed to keep pace with higher debt payments, the country's ...

If you live and work outside Canada most of the time, there are extra things to consider when paying your income taxes.

The CRA says Canadians can claim certain charitable donations made before March 2025 against their 2024 income, even if the ...

This is the second consecutive tax-filing season that claiming home office expenses follows pre-pandemic protocol, with no ...

The outcome of the dispute between the Maple Leafs' John Tavares and the Canada Revenue Agency could impact the ability of ...

Canadian investors seeking consistent income and exposure to U.S. tech stocks should consider QQCC:CA. Click here to read why ...

Fuss emphasized the need for a policy shift, stating, “Instead of raising taxes on capital gains, policymakers should ...