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A tax-free savings account (TFSA, French: Compte d'épargne libre d'impôt, CELI) is an account available in Canada that provides tax benefits for saving. Investment income, including capital gains and dividends, earned in a TFSA is not taxed in most cases, even when withdrawn.
It would raise their "bottom line, while forcing Ontario's minority Liberal government to find the difference ahead of a budget that [had] the potential of triggering a provincial election." [16] In 2013–2014, Ontario's per capita payments were the lowest at $230.20. [7] As of 2019–2020 Ontario stopped receiving equalization payments. [16]
The Ontario Basic Income Pilot Project was a pilot project to provide basic income to 4,000 people in Ontario, Canada.The project followed recommendations made by Hugh Segal in consultation with the population, and would test whether "Basic Income [would] reduce poverty more effectively, encourage work, reduce stigmatization, and produce better health outcomes and better life chances for ...
The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
According to an April 11, 2019, Royal Bank of Canada (RBC) report, the revised estimate of Ontario's deficit was $11.7 billion in 2018–2019 and it was projected to decrease by $1.4 billion in 2019–2020 mainly because of "the removal of the $1 billion contingency reserve." At that time it was projected that the deficit would be "completely ...
The COVID-19 pandemic in Ontario was a viral pandemic of coronavirus disease 2019 , a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 . The first confirmed case of COVID-19 in Canada was announced on January 25, 2020, involving a traveller who had recently returned to Toronto from travel in China , including ...
Turkey begins to give a third dose of the COVID-19 vaccine to healthcare workers and people aged above 50 years old. (Hurriyet Daily News) COVID-19 pandemic in the United Kingdom. The United Kingdom reports 27,989 new cases of COVID-19 in the past 24 hours, which is the highest single-day total of cases since January 25.
Mayor Joanne Anderson says that the driver locked the bomber inside the vehicle after noticing that the bomber was wearing an explosive device. (BBC News) (WalesOnline) Three al-Shabaab members escape from a maximum security prison in Kenya , including one of the perpetrators of the 2015 Garissa attack , in which 148 people were killed.