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Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta , Saskatchewan , Newfoundland and Labrador and the territories rely heavily on natural resources .
Alberta [6] 15.00: October 1, 2018 Students under age 18 (working during a school break, summer holidays, or 28 hours or less per week while school is in session): $13.00; British Columbia [7] 17.40 June 1, 2024 To be increased to $17.85 on June 1, 2025 Each June 1 (started in 2022 [a]), based on British Columbia CPI for the previous calendar ...
The Alberta Immigrant Nominee Program (AINP) is an economic immigration program that nominates people for permanent residence (PR) in Alberta. [ 2 ] To be eligible, nominees must either have skills that satisfy job shortages in Alberta or be preparing to buy or begin a business in the province.
Domestically, British Columbia, is a member of the New West Partnership Trade Agreement, which creates a single economic region encompassing British Columbia, Alberta, Saskatchewan and Manitoba: a marketplace of more than 11 million people and a GDP of more than $700 billion.
ISO 3166-2:CA is the entry for Canada in ISO 3166-2, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), which defines codes for the names of the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1.
The province's name was chosen by Queen Victoria, when the Colony of British Columbia (1858–1866), i.e., "the Mainland", became a British colony in 1858. [24] It refers to the Columbia District, the British name for the territory drained by the Columbia River, in southeastern British Columbia, which was the namesake of the pre-Oregon Treaty Columbia Department of the Hudson's Bay Company.
The constitutional authority for the various provincial income taxes is found in section 92 paragraph 2 of the Constitution Act, 1867, which assigns to the legislature of each province the power of "Direct Taxation within the Province in order to the raising of a Revenue for Provincial Purposes". The courts have held that "an income tax is the ...
In 2020, when Alberta made a deep and rapid corporate tax rate cut, from 12%, which is the average provincial corporate tax rate, to 8%, University of Toronto economist, Michael Smart, cautioned that this could result in "Ontario-based companies booking profits in Alberta to pay lower tax rates—shades of the "Québec shuffle" that occurred in ...