Browse "Taxation"

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Customs and Excise

Customs and excise, taxes on goods, are one of the world's oldest sources of government revenue. Customs duties are applied on imported products while excise duties and taxes are generally applied on goods of domestic manufacture, notably liquor and tobacco.

Macleans

GST Harmonized in Atlantic

Frank McKenna had a big smile on his face, and a new spin on a familiar sales pitch. In a national newspaper advertisement that appeared late last week, the New Brunswick premier told readers across the country that "the best place in Canada to do business keeps getting better and better.

Macleans

Canadians Underwhelmed by Tax Cuts

When it comes to taking care of personal finances, Bohdan Dolban, 32, and his wife, Mary, 35, are about as good as it gets. His job as a sales representative for a Toronto packaging company and hers as a systems analyst give them a family income of about $85,000, and every cent is put to good use.

Article

Carbon Pricing in Canada

Carbon pricing plans impose a cost on the combustion of fossil fuels by industries and consumers — either directly through a tax, or indirectly through a cap-and-trade system. In a market economy like Canada’s, prices help regulate the supply and demand of goods and services. By influencing the price of a commodity like gasoline, through carbon pricing, governments aim to discourage its use and thereby reduce the greenhouse gas emissions that result from its consumption.

In 2016, Prime Minister Justin Trudeau announced a national climate-change policy that included a system of carbon pricing across Canada. As of June 2019, eight provinces and territories have carbon pricing plans that meet the requirements of the national policy. In the remaining provinces — Saskatchewan, Manitoba, Ontario and New Brunswick — Ottawa imposed or intends to impose its own carbon tax. The tax has vocal opponents on the political right, including some premiers and party leaders.

Article

Municipal Finance

Municipal finance is concerned with the revenues and expenditures of municipalities. Revenues are secured from local taxes (see TAXATION) and other local revenues and from provincial and federal grants.