The government offset the benefits of the lower tax rate by eliminating tax credits.
income taxes
July 31, 2020
9:28AM
More than 60 per cent of families in the bottom 20 per cent pay higher income taxes today because of the discontinued tax credits.
July 23, 2020
11:57AM
The government increased income taxes for more than 80 per cent of middle-income families.
May 25, 2020
10:40AM
This year's combined projected federal and provincial government deficits total $315.2 billion.
October 21, 2019
11:16AM
The top 10 per cent of earners earned 30.6 per cent of all income in Canada but paid 38.1 per cent of all taxes.
June 14, 2019
2:21PM
The federal government and three provinces—Ontario, Manitoba and Alberta—are expected to run budget deficits this year.
April 30, 2019
2:29PM
Since 1996, the number of federal tax expenditures has increased by 32 per cent.
April 26, 2019
7:44AM
Geese don’t lay golden eggs unless they get to keep some of them.
March 15, 2019
11:34AM
"Work and thrift are the only sure roads to success."