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A non-refundable tax credit for charitable donations is calculated at the lowest tax rate for the first $200 in a year, and at the highest tax rate for the portion in excess of $200. Donations can result in a reduction in taxes of between 40 and 60% of the donation depending on the province of the taxpayer and type of property donated.
A Capital gains tax was first introduced in Canada by Pierre Trudeau and his finance minister Edgar Benson in the 1971 Canadian federal budget. [56] Some exceptions apply, such as selling one's primary residence which may be exempt from taxation. [57] Capital gains made by investments in a Tax-Free Savings Account (TFSA) are not taxed.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
The Algonquins of Ontario Settlement Area covers 36,000 square kilometers of land under Aboriginal title in eastern Ontario, home to more than 1.2 million people. [1]The Algonquins of Ontario comprise the First Nations of Pikwakanagan, Bonnechere, Greater Golden Lake, Kijicho Manito Madaouskarini (Bancroft), Mattawa/North Bay, Ottawa, Shabot Obaadjiwan (Sharbot Lake), Snimikobi (Ardoch) and ...
The Ministry is the Ontario government's representative in negotiation of Indigenous land claims. Land claims are negotiated by the Ontario and Canadian governments, as representatives of the Crown, directly with First Nations. Proposed settlements are then presented to the general public.
First Nations in Ontario constitute many nations. Common First Nations ethnicities in the province include the Anishinaabe , Haudenosaunee , and the Cree . In southern portions of this province, there are reserves of the Mohawk , Cayuga , Onondaga , Oneida , Seneca and Tuscarora .
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The largest First Nations group near the St. Lawrence waterway are the Iroquois. This area also includes the Wyandot (formerly referred to as the Huron) peoples of central Ontario, and the League of Five Nations who had lived in the United States, south of Lake Ontario. Major ethnicities include the: Anishinaabe. Algonquin; Nipissing