An estimated 1,374 new businesses will not startup in the province due to the higher tax rate.
personal income tax rate
July 10, 2018
1:00AM
June 7, 2018
10:27AM
More than 80 per cent of middle-class families have experienced an increase in their federal income taxes.
June 4, 2018
11:27AM
The rate of small business startups in Canada has declined by almost 13 per cent since the early 2000s.
May 16, 2018
8:43AM
The top combined tax rate in Ontario is 53.53 per cent, the second highest combined rate in Canada and the United States.
May 10, 2018
9:30AM
The NDP promises to increase Ontario’s corporate income tax from 11.5 per cent to 13 per cent.
April 25, 2018
1:25PM
At 53.53 per cent, Ontario has the second highest top combined marginal income tax rate in Canada and the United States.
March 19, 2018
11:24AM
Ottawa and many provincial governments have increased already uncompetitive personal income tax rates.
February 26, 2018
12:59PM
The taxman takes $17,800 in provincial taxes from the average Ontario family every year.