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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 ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included.
Quebec's high provincial taxes account for its budget surplus, although without equalization Quebec would have had a deficit. [28] Quebec residents pay the highest provincial tax in the country but the lowest federal tax. [41] Quebec residents pay 16.5% less federal income tax annually than other Canadian provinces due to the Quebec Abatement. [42]
Rank Name Level of government Total expenditure Per-capita expenditure Fiscal year Source 1 Canada: Federal 338,500,000,000 2018-19 [1]2 Ontario: Provincial
May 21: 2024 Pictou West provincial by-election in Nova Scotia. May 26: Municipal by-elections in Districts 1, 2 & 6, Sainte-Sabine, Chaudière-Appalaches, Quebec; May 27: 2024 Baie Verte-Green Bay provincial by-election in Newfoundland and Labrador
Technically, anything over 20 years old can be coined “vintage.”But when you truly think of items worth this title, your brain doesn’t go to Beanie Babies.
The Canadian federal government announced in 2023-24, $94.6 billion to transfer to the provinces and territories through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds), a $7 billion increase from the previous year, 2022-23.
No other league has rated as highly as the 2024-25 SEC on Dec.16 of a given year, not even the 2010-11 Big East that sent a record 11 teams to the NCAA tournament or the 2017-18 Big 12 that very ...