The highest bracket you reach has what’s known as your marginal tax rate—the rate at which any additional income will be taxed. Within Canada’s tax system, there are five federal tax ...

The overall cost to the government is high, even as the practical impact at the household level is modest at best ...

Canada's Department of Finance in a statement ... The bulk of tax relief will go to those with incomes in the two lowest tax brackets (i.e., those with taxable income under USD 114,750 in 2025 ...

When calculating federal dividend tax rates in Canada, it is important to understand the difference between eligible and non-eligible dividends. Eligible dividends are taxed at a higher rate than ...

The headline figure, however, concealed a bundle of sharply higher prices on food, cars and rent, and adds to a raft of crosscurrents facing central bank policymakers.

OTTAWA--Canada's Liberal government formally introduced a parliamentary motion Tuesday to implement a middle-income tax cut, moving quickly to implement its economic agenda.

Tax-cut legislation will come after the government outlines its priorities in a speech to parliament on May 27, finance ...

2:44 Canada election 2025: Poilievre promises 15% income tax cut if Conservatives win Canadians are set to vote in a spring federal election on April 28 and, in addition to the threat of U.S ...