Since 2015, the federal government's gross debt has increased by a projected one trillion dollars.
Since 2015, the federal government's gross debt has increased by a projected one trillion dollars.
The province has one of the highest business tax rates in North America.
Among 61 Canadian and U.S. jurisdictions, Ontario had the third-highest top combined personal income tax rate.
The province's program spending will reach $193.0 billion this year—an increase of $2.3 billion from the budget tabled in March.
The federal debt has grown from $1.2 trillion in 2014 to $1.9 trillion in 2021—an increase of 51 per cent.
The top 20 per cent of income-earning families in Canada pay nearly two-thirds of all income taxes.
Canada ranks among the highest tax jurisdictions in the industrialized world for taxes on personal income, businesses and capital.
Canada has the seventh-highest top combined personal income tax rate in the OECD.