Canada, Inflation and sales tax

Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Canada’s inflation rate drops to 1.8% in December as sales tax break eases consumer prices
Canada’s inflation rate fell to 1.8% in December, a surprising drop. This decrease is largely due to a sales tax break introduced mid-month, which reduced the cost of goods like alcohol, restaurant meals,
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
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Canada's inflation rate fell to 1.8% in December, with prices declining during GST break
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday contributing to a price decline across several categories, Statistics Canada said Tuesday.
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER,
Canada's inflation rate edged down to 1.8% in December as GST break kicked in
Canada's annual inflation rate slowed to 1.8 per cent in December after rising 1.9 per cent in November, as the temporary GST tax break brought down the price of restaurant meals, alcohol and toys. Economists polled by Reuters had expected inflation to remain unchanged at 1.
Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
Forbes5d
2024 Tax Brackets And Income Tax Rates
These are called tax brackets. Put differently, a tax bracket has a specific tax rate applied to that range of income. Canada uses a progressive or graduated tax system that taxes higher ...
After-Tax Income Falls For Canada's Middle Class: Statistics Canada
OTTAWA--The overall share of after-tax income held by Canada's middle-class households declined over a one-year period, as investment gains failed to keep pace with higher debt payments, the country's ...
NerdWallet Canada on MSN3h
3 Tax Tips Every Canadian Digital Nomad Should Know
If you live and work outside Canada most of the time, there are extra things to consider when paying your income taxes.
5 things to know if Canada hits back against Trump tariffs
U.S. President Donald Trump has threatened to impose a punishing 25 per cent tariff on everything imported to the U.S. from ...
Trump threatens to double tax rates for foreign nationals, companies
Donald Trump has ordered officials to draw up retaliatory measures against countries applying “extraterritorial” levies on ...
Here's how much you'll pay in taxes if Trump's tax cuts get extended or expire
Americans making $50,000 could see their tax bills grow by over $1,000 if Congress doesn't intervene.
The Canadian Press on MSN1d
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists ...