A tax increase that’s unlikely to ever become law has nonetheless earned the Canadian government billions of dollars in additional tax revenue after some people and businesses rushed asset sales to ...

With the current federal and provincial/territorial tax rates in Canada, no one pays more than 27% capital gains tax on gains of under $250,000. You can reduce the amount of capital gains tax you ...

See how amounts are adjusted for inflation. 2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax ...

However, other tax changes are going ahead as planned. The 2024 federal budget included a proposal to increase the capital gains inclusion rate in Canada. The change was meant to apply to some ...

Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a tax cut for the middle class if he ...

1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say The national association representing Canada’s restaurants wants Ottawa’s GST/HST “holiday” made permanent amid ...

Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in ...

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 ...

The federal Liberal government has delayed plans to increase the capital gains inclusion tax rate, amid a legal challenge by the Canadian Taxpayers Federation and criticism from business groups, ...

NerdWallet Canada selects the best high-interest tax ... business use and tax all of your capital gains at your marginal tax rate. It doesn’t matter if you’re not a professional day trader.

OTTAWA, Jan 21 (Reuters) - Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down ...