Every extra dollar of net income earned by any business that steps over the $500,000 threshold will be taxed at a rate five and half times the small business rate.
Government Spending & Taxes
The carbon tax is projected to result in a cumulative $865 million net tax increase on British Columbians over a six-year period.
Northern Ontario municipalities have increasingly been raising their residential municipal taxes and sewer/water charges.
Lower corporate taxes bestow important benefits on individual Canadians.
For a government that claims to want to cut taxes on Canada’s middle class, the Trudeau Liberals are doing a bang up job of increasing them.
The federal government will provide Bombardier, a Canadian aerospace company, with interest-free loans totalling $372.5 million.
From 2000 to 2016, the federal government’s core departments and separate agencies have seen employment grow by more than 22 per cent.
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