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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 Investment income, including capital gains and dividends, earned in a TFSA is not taxed in most cases, even when withdrawn.
During the 2017 tax year, the CRA collected approximately $430 billion in revenue on behalf of federal and provincial governments, and administered nearly $34 billion in benefits to Canadians. [7] The CRA is responsible to Parliament through the minister of national revenue (Marie Claude-Bibeau since 2023). The day-to-day operations of the ...
News that Department of Government Efficiency led by Elon Musk now has access to a government payment system that is responsible for $6 trillion in annual federal payments — including Social ...
Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. Interestingly, the US actually produces more cars for Canadian ...
Wall Street drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 rose 0.4% following ...
Chrystia Alexandra Freeland PC MP (born August 2, 1968) is a Canadian politician and journalist who has served as the member of Parliament (MP) for University—Rosedale since 2015.
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if President Donald Trump imposes tariffs on Canadian and Mexican imports ...
Sheryl Crow had once been a proud Tesla owner, even interfacing with Elon Musk on social media about her car. But whatever support the environmentally minded singer formerly had for the EVs has ...