Ontario’s budget deficit will likely be the largest in provincial history.
Canada’s personal income tax rates are among the highest in the industrialized world.
In Canada, 36.1 per cent of people in the top decile in 2017 were not in the top decile five years earlier.
More tax credits complicate the tax code.
McGuinty’s new top tax bracket was called the temporary “deficit-fighting high income tax bracket.”
Calgary households will see a $60 property tax increase, on average.
Motorists in Vancouver will see the gasoline tax increase by 1.5 cents per litre.
Ottawa has exacerbated the tax-rate gap between small businesses and employees.
By reducing the rewards of investment and entrepreneurship, governments in Canada have discouraged the very activity they profess to encourage.
More than six years after the recession of 2008-09, eight out of 10 provinces (including Alberta, which released its budget yesterday) are currently in deficit, and the newly formed federal government has committed to falling back into deficit.