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The Greenhouse Gas Pollution Pricing Act [a] (French: Loi sur la tarification de la pollution causée par les gaz à effet de serre) is a Canadian federal law establishing a set of minimum national standards for carbon pricing in Canada to meet emission reduction targets under the Paris Agreement. [2]
The Parliament of Canada passed the Greenhouse Gas Pollution Pricing Act (GHGPPA) [40] in the fall of 2018 under Bill C-74. [41] [42] The GHGPPA refers to charge or pricing instead of taxation. The charge which will rise to $50 per tonne of CO 2 by 2022, begins at CA$20 in 2019 [43] and increases by CA$10 per year until 2022. Through the GHGPPA ...
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[9] $13B was also allocated to implement a means-tested dental care program, a policy originating in the NDP-Liberal deal of 2022. [8] The Canadian Dental Care Plan began rollout in December 2023. [10] The budget introduced a "grocery rebate" of up to $467 for eligible families and up to $234 for eligible single people with no kids.
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Canada Revenue Agency (CRA) and corresponding provincial tax authorities require all SR&ED claimants to submit their claim no later than 18 months after the effective fiscal year. For example, for a claimant with a fiscal year ending on December 31, 2018, it is required that the requisite documents are submitted no later than June 30, 2020.
The Internal Revenue Service (IRS) said around 1 million taxpayers will get up to $1,400 in a rebate in the coming weeks. The automatic payments, which are set to go out later this month, will be ...
On July 1, 2006, the Government of Canada reduced the tax by 1 percentage point (to 6%). [10] [11] They again lowered it to 5%, effective January 1, 2008. [12] This reduction was included in the Final 2007 Budget Implementation Bill (Bill C-28), [13] which received Royal Assent on December 14, 2007. This change has been estimated to have ...