Nova Scotia tobacco enforcement officers seized a record number of illegal cigarettes last year and laid dozens of charges, ...

Between February 8, 2024 and January 27, 2025, 19.1 million Canadians received a refund, averaging $2,295, according to Statistics Canada. So far for the 2024 tax year, over 16.7 million Canadians ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

With the Canadian federal election just under two weeks away, the two major parties leading the current polls, the Liberals ...

On March 14, on his first day in office, Prime Minister Mark Carney ended the consumer carbon tax and, with it, the Canada ...

Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...

Use them to project your taxes payable (before deductions) by combining federal and provincial or territorial amounts owing. Canada has what’s known as a “progressive tax system.” ...

The last time Canada’s political parties campaigned during a tax season was more than a decade ago. This year, taxes are a ...

Liberal Leader Mark Carney has renounced his British and Irish citizenships, a spokesperson for the campaign told CBC News on ...

President Donald Trump has continually suggested that he may abolish the federal income tax, replacing its revenues with those generated by the institution of high tariffs upon America’s trade ...

In the United States, spouses are allowed to file their tax returns jointly, while here in Canada our government has added multifarious, convoluted rules to prevent the splitting of income.

Canada’s fiscal position is set to worsen as the country’s two leading political parties vie to win an election by promising ...