In 2024, Canada’s top federal income tax rate is 33%, while the US’s top federal rate is 37%. However, when combining federal and provincial/state taxes, Canadians often face higher marginal rates ...
The White House said Canada, along with France, both levy digital taxes, and they cost U.S. firms $2 billion a year.
Trump's planned 25% tariffs on steel and aluminum imports would pile on top of other levies on Canadian goods, resulting in a total 50% tariff. Canada has not been told about the additive nature of ...
The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...
Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...
When Finance Minister Nirmala Sitharaman rose to present Budget 2025, few anticipated the bold move that would dominate conversations across the country. In a landmark announcement, she revealed ...
President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax returns might not be warranted. Thomas is a native of upstate New York and a ...
When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more.
President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. Canada depends ...
Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...
(RTTNews) - Canadian stocks are turning in a mixed performance in cautious trade on Wednesday with investors digesting the Bank of Canada's interest rate decision and awaiting the monetary policy ...