Since 1961, the average family’s tax bill has increased 180.3 per cent after adjusting for inflation.
marginal tax rates
August 16, 2024
8:38AM
The province has the fourth-highest top combined personal income tax rate among all provinces and U.S. states.
August 6, 2024
8:44AM
This year the top 20 per cent of income-earning families in Canada will pay 54.2 per cent of total taxes.
May 17, 2024
9:38AM
Many Canadians who incur capital gains taxes, such as small business owners, may only do so once in their lifetimes.
April 19, 2024
9:02AM
The province had the third-lowest level of per-worker business investment in Canada.
April 15, 2024
10:13AM
An individual making C$50,000 per year faces a higher income tax rate in Ontario than in every U.S. state.
December 18, 2023
2:30AM
High marginal tax rates on personal income can affect rates of charitable giving.
March 24, 2023
8:39AM
The budget plan lacks a comprehensive vision to enhance the province's competitiveness.