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Level of government Total expenditure Per-capita expenditure Fiscal year Source 1 Canada: Federal 338,500,000,000 2018-19 [1] 2 Ontario: Provincial 158,464,500,000 ...
The Ministry of Economic Development, Job Creation and Trade (formally known as Ministry of Economic Development and Growth) in the Canadian province of Ontario is responsible for programs to attract and retain business and economic development in the province. This is pursued through research and development funding, business advisory services ...
Ontario government's direct subsidies to corporations average $2.7 billion per year over the five years to 2011. [31] It has been argued that business subsidies such as to the Ontario's automotive sector does not help create widespread economic growth or new jobs and instead contributes to increased debt. [31]
The First Charge, established by Section 103 of the Constitution Act, 1867, is the cost of the actual maintenance of the Consolidated Revenue Fund itself. In accordance with the Act, the costs of collection, management and receipt of the fund are to be the first charge made to the account. [citation needed]
Profit margin is calculated with selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit, whereas "profit percentage" or "markup" is the percentage of cost price that one gets as profit on top of cost price.
The Workplace Safety and Insurance Board (WSIB) is the workplace compensation board for provincially regulated workplaces in Ontario.As an agency of the Ontario government, the WSIB operates "at arm's length" from the Ministry of Labour, Training and Skills Development and is solely funded by employer premiums, administration fees, and investment revenue.
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In Ontario the corporate capital tax was eliminated July 1, 2010 for all corporations, although it was eliminated effective January 1, 2007, for Ontario corporations primarily engaged in manufacturing or resource activities.