The government permanently increased the tax rate for banks and life insurance companies to 16.5 per cent on profits over $100 million.
June 15, 2022 9:45AM
April 15, 2022 7:00AM
Government tax revenues can increase even though the inflation-adjusted incomes of most Canadians do not.
February 9, 2022 10:20AM
Sixty per cent of the bottom 20 per cent of taxpaying families with children now pay $233 more (on average) in federal income taxes.
August 17, 2021 4:25PM
The top 20 per cent pays nearly two-thirds of all federal and provincial income taxes.
August 21, 2017 11:55AM
The large gap in tax rates means there’s a strong incentive for those affected to respond.
November 30, 2015 4:09PM
The federal Liberals plan to increase the top federal personal income tax rate.
November 13, 2015 3:36PM
The new Trudeau government plans to raise personal income taxes on the top one per cent of Canadian income-earners in order to fund a personal income tax decrease on the middle class.