The province's top income tax bracket to 53.53 per cent, the third-highest rate in North America.
tax hikes
June 15, 2022
9:45AM
The government permanently increased the tax rate for banks and life insurance companies to 16.5 per cent on profits over $100 million.
May 3, 2022
8:58AM
When linked to a GST hike, support for a national prescription drug program falls from 79 per cent to 40 per cent.
August 11, 2021
10:49AM
Indexation is currently applied to the personal income tax system federally and in most provinces.
September 4, 2020
10:11AM
Ontario’s budget deficit will likely be the largest in provincial history.
July 7, 2020
12:00AM
Canada’s personal income tax rates are among the highest in the industrialized world.
January 23, 2020
1:22PM
In Canada, 36.1 per cent of people in the top decile in 2017 were not in the top decile five years earlier.
October 21, 2019
10:57AM
More tax credits complicate the tax code.
July 11, 2019
3:00PM
McGuinty’s new top tax bracket was called the temporary “deficit-fighting high income tax bracket.”
November 22, 2018
3:15PM
Calgary households will see a $60 property tax increase, on average.