The government offset the benefits of the lower tax rate by eliminating tax credits.
income tax rates
February 9, 2021
10:32AM
Canada has the seventh-highest top combined personal income tax rate in the OECD.
July 7, 2020
12:00AM
Canada’s personal income tax rates are among the highest in the industrialized world.
March 4, 2020
8:56AM
Canada's economy is expected to grow by a tepid 1.6 per cent in 2020.
February 18, 2020
3:52PM
The province’s top marginal PIT rate will increase from 16.8 per cent to 20.5 per cent.
January 30, 2020
11:44AM
The government’s plan to increase the “basic personal amount” will cost nearly $7 billion annually.
January 23, 2020
1:22PM
In Canada, 36.1 per cent of people in the top decile in 2017 were not in the top decile five years earlier.