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Canadian public debt, or general government debt, is the liabilities of the government sector. [1]: 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future.
The resulting report [108] recommended the disclosure of beneficial ownership, among other steps the government could take to address money laundering in the province. In May 2019, the BC government passed an Act [109] which led to the launching of the Land Owner Transparency Registry of BC [110] on November 30, 2020. The registry opened to ...
In 1992, the requirement to file suspicious activity reports (as well as the accompanying implied gag order) in the United States was added by Section 1517(b) of the Annunzio-Wylie Anti-Money Laundering Act (part of the Housing and Community Development Act of 1992, Pub. L. 102–550, 106 Stat. 3762, 4060).
Rates were meant to be reduced to 14 and 13% on July 1, 2014 and July 1, 2015 respectively. However, the government has stated that the province cannot afford reductions. [9] Nunavut: GST: 0: 5 Ontario: HST: 8: 13 Prince Edward Island: HST: 10: 15 [10] The HST was increased one point to 15% on October 1, 2016. [1] Quebec: GST + QST: 9.975 [11 ...
The federal government charges the bulk of income taxes with the provinces charging a somewhat lower percentage, except in Quebec. Income taxes throughout Canada are progressive with the high income residents paying a higher percentage than the low income. [31]
If adopted, it would have had the effect of amending the Official Languages Act, the Canada Labour Code, and the Canada Business Corporations Act, to cause them to conform to the Charter of the French Language, “effectively making the federal government French-only in the province,” according to Maclean’s. [164]
In April 2011, Canada's former Chief Electoral Officer Jean-Pierre Kingsley, who served in the position for 17 years, stated that if the per-vote subsidy were to be eliminated, there would be an increased risk of Canada's political parties turning back toward corporations to obtain money, also to the detriment of Canadian democracy.
Corporations Canada is Canada's federal corporate regulator, operating under Innovation, Science and Economic Development Canada. It is responsible for administering laws regarding the incorporation of Canadian businesses as well as "corporate laws governing federal companies, except for financial intermediaries ."