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In Canada, the federal government makes payments to less wealthy Canadian provinces to equalize the provinces' "fiscal capacity" — their ability to generate tax revenues. The program began in 1957. [5] In 2016-2017, six provinces will receive $17.9 billion in equalization payments from the federal government. [6]
$25 Bank of Canada note issued in 1935 $1,000 Bank of Canada note issued in 1954. All Bank of Canada notes issued prior to the current Frontier Series are being withdrawn from circulation. [1] The following Bank of Canada denominations included in previous series have been permanently retired, and as of January 1, 2021, these notes are no ...
25-cent Dominion of Canada note issued in 1900 $1 Dominion of Canada note issued in 1898. For a temporary period following Confederation in 1867, Province of Canada notes served as the Dominion of Canada's first national currency, and notes were dispatched from Ontario and Quebec to the other provinces. In 1870, the first Dominion of Canada ...
Provincial income tax, municipal and regional property taxes An education tax is part of each household's property tax bill; funding of libraries is a municipal responsibility, except in remote and First Nations communities, for which the provincial or federal government supplies funding Postal service Federal Federal income tax, sales revenue
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes , administers tax law and policy , and delivers benefit programs and tax credits. [ 4 ]
The 1993 Canadian budget was a Canadian federal budget for the Government of Canada presented by Minister of Finance Don Mazankowski in the House of Commons of Canada on 26 April 1993. It was the fifth budget after the 1988 Canadian federal election and would be the last before the 1993 Canadian federal election.
Provisions included measures about corporate disclosure, auto insurance and tax. Thus, only a small portion of Bill 198 was relevant to "Sarbanes–Oxley" issues. In June 2003, all Canadian securities commissions (except the British Columbia Securities Commission) issued three regulations for public comment designed to build on Bill 198: