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Support Canada’s national tariff response. Offer a bonus to nurses and doctors who return to Canada from the U.S. Remove the hidden tax on home building and introduce phased-in rent control. Cut the small business tax rate in half, 3.2% to 1.6%, and increase the eligible income threshold. End the Starlink contract with the provincial ...
The amount of income tax that an individual must pay is based on the amount of their taxable income (income earned less allowed expenses) for the tax year. Personal income tax may be collected through various means: deduction at source – where income tax is deducted directly from an individual's pay and sent to the CRA.
Toronto has the highest land transfer tax rates in Canada as it levies an additional land transfer tax equal in value to the Ontario land transfer tax. Alberta and Saskatchewan do not charge land transfer tax. To provide relief for the high costs of land transfer tax, some provinces provide rebates for first-time home buyers:
Taxpayer relief is governed by subsection 220(3.1) of the Income Tax Act and section 281.1 of the Excise Tax Act. It gives the CRA the discretion to cancel some penalties and interest, to pay a personal income tax refund after 3 years of the tax return being assessed, and to accept late-filed elections. [63]
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 February 2025. List of communities in Ontario, Canada The following is a list of unincorporated and informal communities in the province of Ontario, Canada. These communities are not independent communities, these are usually a part of a township for the district, within a county. In non-urban areas ...
Ontario [a] is the southernmost province of Canada. [9] [b] Located in Central Canada, [10] Ontario is the country's most populous province.As of the 2021 Canadian census, it is home to 38.5 per cent of the country's population, and is the second-largest province by total area (after Quebec).
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As its name suggests, the 1,150 km (710 mi)-long region extends from Quebec City in the northeast and Windsor, Ontario in the southwest. With more than 18 million people, it contains about half of the country's population and seven of Canada's 12 largest metropolitan areas, 3 of which are in the top 4 (based on the 2016 census).