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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 ...
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 ...
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 ]
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 second largest province by land area, covering 920,686.55 square kilometres (355,479.06 square miles).
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 ...
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's metropolitan area in colloquial or administrative terms may be different from its CMA as defined by Statistics Canada, resulting in differing populations. Such is the case with the Greater Toronto Area , where its metro population is notably higher than its CMA population due to its inclusion of the neighbouring Oshawa CMA to the east ...
The Canadian province of British Columbia has a system of numbered highways that travel between various cities and regions with onward connections to neighboring provinces and U.S. states. The numbering scheme, announced in March 1940, [ 1 ] includes route numbers that reflect United States Numbered Highways that continue south of the Canada ...
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