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Many pending taxation issues were not addressed in Tuesday's fiscal update, however

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Employees using the simplified method can now claim $500, up from $400 last year

Senior couple doing the income tax declaration online

Completing the T1’s marital status isn’t always straightforward

Online banking businessman using smartphone with credit card Fintech and Blockchain concept

Whether earnings from crypto are considered business income or a capital gain depends on the holder’s behaviour

Parliament buildings in winter

Jamie Golombek breaks down the government's priorities

Ontario Queen's Park Legislative Building

A major promise from the 2018 election that has not been fulfilled is a pledge to cut income taxes by 20% for the second income-tax bracket

Advisor meeting with clients

Clients' concerns range from broad social and fiscal spending to potential tax changes

  • By: Katie Keir
  • September 22, 2021 September 22, 2021
  • 14:40

Here’s what's been proposed for financial institutions, taxes, housing and more

The party pledged to increase the capital gains inclusion rate to 75%

The White House in Washington DC, United States

The proposed top tax rate would revert to 39.6% on couples earning more than $450,000