Taxes

— Jul 10, 2018
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The Effects on Entrepreneurship of Increasing Provincial Top Personal Income Tax Rates in Canada

The Effects on Entrepreneurship of Increasing Provincial Top Personal Income Tax Rates in Canada finds that many provincial governments across Canada are discouraging entrepreneurship and preventing hundreds of new businesses from being created by increasing top provincial personal income tax rates, which reduces the incentives for entrepreneurs to start new businesses.

— Apr 24, 2018
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Time for Tax Reform in Ontario

Time for Tax Reform in Ontario finds that if Ontario replaced its current seven-tier tax rate system with a single personal income tax rate of eight per cent and reduced its corporate income tax rate from 11.5 per cent to 8 per cent, it would be one of the most competitive pro-growth tax jurisdictions, which would help the province compete for business investment and skilled labour with neighbouring U.S. jurisdictions.

— Jan 11, 2018
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The Effect on Canadian Families of Changes to Federal Income Tax and CPP Payroll Tax

The Effect on Canadian Families of Changes to Federal Income Tax and CPP Payroll Tax finds that more than 92 per cent of all families in Canada with children—regardless of their income—will pay higher taxes because of Ottawa’s income tax changes and the increased Canada Pension Plan payroll tax, which will be fully implemented by 2025.

— Nov 8, 2017
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Effect of Federal Income Tax Changes on Canadian Families Who Are in the Bottom 20 Percent of Earners

Effect of Federal Income Tax Changes on Canadian Families Who Are in the Bottom 20 Percent of Earners finds that the federal government’s tax changes, implemented since the 2015 election, have raised income taxes for the majority (61 per cent) of taxpaying Canadian families in the bottom 20 per cent of earners, which includes families with children with incomes up to $66,448.

— Sep 26, 2017
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Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families

Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families finds that 81 per cent of middle-class families in Canada are paying higher income taxes due to changes made by the federal government. On average, middle-class families with children will pay $840 more in federal income taxes this year.

— Aug 24, 2017
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Canadian Consumer Tax Index 2017 finds that last year the average Canadian family paid twice as much of their income in taxes (42.5 per cent) as they did for housing (22.1 per cent). The annual study tracks the total tax bill of the average Canadian household from 1961 to 2016, and looks at both visible and hidden taxes that families pay to the federal, provincial and local governments, including income, payroll, sales, property, health, fuel and alcohol taxes, and more.

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