tax

1:05PM
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The program is designed so Canadians who die early in life subsidize those who live longer.

5:00AM
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When federal and provincial/local revenue shares are combined, the tax revenue-to-GDP ratio is close to 40 per cent.


2:00AM
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After two years of heated debate, many British Columbians are still confused about how to vote in the current mail-in referendum on the HST. The choice before them is to either keep the HST—which the government has promised to reduce to 10 per cent from 12 per cent—or restore the old PST/GST system at a total rate of 12 per cent.

To help British Columbians decide, we have calculated the impact of restoring the PST/GST on the tax bill of BC families (with two or more individuals) at various income levels using the Fraser Institute’s Canadian Tax Simulator.