According to budget forecasts, the federal government will run a $40.1 billion deficit this year.
income taxes
June 19, 2023
9:10AM
In 2023, the average Canadian family earning $140,106 will pay 46.1 per cent of their income in taxes.
June 15, 2023
8:48AM
Lower income tax rates incentivize people to work, save, invest and engage in entrepreneurial activities.
March 22, 2023
8:00AM
Only 19 per cent of Ontarians feel they receive good or great value from the services their tax dollars finance.
March 2, 2023
9:06AM
Nearly half of Canadians feel they receive poor or very poor value from government services.
March 1, 2023
4:00PM
For the province's top earners, each new dollar they earn is taxed at 53.53 per cent.
January 26, 2023
9:24AM
The province's top combined income tax rate increased from 39 per cent in 2014 to 48 per cent today.
December 26, 2022
3:30AM
In all four Atlantic provinces, workers at the national average income level must earn more than $152 to boost their after-tax income by $100.