Canadian families and individuals with annual incomes between $30,000 and $60,000 face marginal effective tax rates near or above 50 per cent, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Canadian families with modest incomes face high marginal effective tax rates, often […]
The combined size of the federal, provincial, and municipal governments increased in all but two provinces over the 2007 to 2022 period (relative to the sizes of their economies), finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “The size of government […]
The Temporary Foreign Worker (TFW) Program is designed to respond to changes in the labour market. It helps Canadian employers fill labour and skills shortages on a temporary basis when Canadians and permanent residents are not available. In 2022, the TFW Program experienced a surge in demand due to the […]
Canada Post has issued a new commemorative stamp to mark a much-anticipated astronomical phenomenon. On Monday, April 8, the shadow of the moon will turn daylight to darkness for millions of Canadians, as a total eclipse of the sun unfolds over parts of Mexico, the United States and Canada. It will be the only […]
The federal government’s requirement that all new vehicles sold by 2035 be electric could increase Canada’s power demands by as much as 15.3 per cent, requiring the equivalent of 10 new mega hydro dams or 13 large natural gas plants to meet the increased power needs, finds a new study […]
Canada Post’s latest stamp issue features two native wildflowers that are important sources of food for a variety of pollinators, including hummingbirds, butterflies and bees. The brilliant blossoms of butterfly milkweed (Asclepias tuberosa) and spotted beebalm (Monarda punctata) become heavy with nectar and pollen, attracting hungry insects and birds. Those […]
In countries with higher levels of economic freedom, people are less likely to subscribe to social norms that prioritize men over women in education, the labour force and political leadership, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. In more economically […]
The results of a new survey on recurring subscriptions in Canada released today reveal how Canadians struggle to manage recurring expenses that accumulate over time and include a ranking of the 50 most popular subscriptions in Canada. Canadians Have Too Many Subscriptions According to the survey, 73% of Canadians admit to […]
Filing your tax return every year allows the Canada Revenue Agency (CRA) to determine your entitlement for a refund and benefit and credit payments. These payments put money in your pocket and can help you stretch your budget. This year, you can start filing your income tax and benefit return as […]
Price of a domestic stamp in a booklet, coil or pane would rise to 99 cents Canada Post is proposing to increase postage rates in 2024. For stamps purchased in a booklet, coil or pane, which represent the majority of stamp sales, the rate would increase by seven cents, to 99 […]