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For the analysis of income, Statistics Canada distinguishes between the following statistical units: Households: "a person or group of persons who occupy the same dwelling" [ 1 ] Economic families: "two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law union, adoption or a foster ...
Victoria is the capital city of British Columbia. As of 2024, British Columbia has 161 municipalities, [1] out of which 53 are classified as cities. [2] According to the 2021 Canadian census, British Columbia is the third most populous province in Canada, with 5,000,879 inhabitants, and the fourth largest province by land area, covering 920,686.55 square kilometres (355,479.06 square miles).
Canada levies personal income tax on the worldwide income of individual residents in Canada and on certain types of Canadian-source income earned by non-resident individuals. The Income Tax Act , Part I, subparagraph 2(1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
British Columbia's general corporate income tax rate is 12%. When combined with the federal rate, B.C. businesses pay a general corporate income tax rate of 27%. [35] B.C. has the lowest provincial personal income taxes in Canada for single individuals earning up to $125,000 (CAD). [36] The sales tax rate for purchased retail goods in B.C. is 7 ...
The other five were located in British Columbia with two, and Manitoba, Ontario and Yukon each with one. Between 2006 and 2011, twenty-four CAs experienced population decline. The fifteen CAs that experienced the greatest population decline were located in British Columbia (two), Manitoba (one), New Brunswick (one), Nova Scotia (three), Ontario ...
In Prince Edward Island, Summerside had an income tax from 1870 to 1880, and Charlottetown imposed one from 1880 to 1888. [29] While Nova Scotia permitted municipal income tax in 1835, Halifax was the first municipality to levy one in 1849. [29] New Brunswick allowed the collection of income taxes in 1831. [30]
A city is a classification of municipalities used in British Columbia. British Columbia's lieutenant governor may incorporate a community as a city by letters patent, on the recommendation of the Minister of Communities, Sport and Cultural Development, if its population is greater than 5,000 and the outcome of a vote involving affected residents was that greater than 50 percent voted in favour ...