Income Taxes Canada

Why Even Low Earners, Teens And Students Should File A Tax Return

The Huffington Post Canada | Daniel Tencer | Posted 04.24.2017 | Canada Business

If you earned little and didn't file a return, you're likely missing out on money.

‘Shadow System' Of Tax Breaks For The Rich Costs Canada Billions

The Huffington Post Canada | Daniel Tencer | Posted 12.05.2016 | Canada Business

Tax deductions cost $100B annually, and the vast majority help the richer half.

Canada's Income Inequality Much Worse Than Advertised: Study

The Huffington Post Canada | Daniel Tencer | Posted 06.16.2014 | Canada Business

Canada’s income inequality may be much worse than statistics suggest, because Canada’s biggest earners are hiding their actual incomes by incorpor...

Your Taxes Are Lower .. Thanks To Deficits

CP | Julian Beltrame, The Canadian Press | Posted 07.27.2014 | Canada Business

OTTAWA - Canada's budget watchdog says Canadians are paying Ottawa about $30 billion less this year — or a little less than $1,000 per person — du...

OECD Has Good News, Bad News About Canadians' Taxes

The Huffington Post Canada | Daniel Tencer | Posted 04.12.2014 | Canada Business

With this year's tax deadline approaching rapidly, many people's thoughts are turning to the shell-shocking amount of money the government routinely t...

Sunny Freeman

These Mistakes Will Get You Audited | Sunny Freeman | Posted 04.07.2014 | Canada Business

Don’t panic. The time to file 2013 income taxes is upon us, with less than a month to go until the April 30th deadline. Some Canadians are scramb...

Ottawa Sees 'Staggering Losses' From Crazy Income Tax 'Theory'

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

If you come across claims that you don’t have to pay income taxes in Canada because you’re a “natural person,” you’d be well advised to igno...

Here's Why All Those ‘Tax Cuts' Aren't Making You Feel Richer

The Huffington Post Canada | Daniel Tencer | Posted 11.24.2013 | Canada Business

For the first time in Canadian history, more than half of the federal government’s revenue in 2014 will come from personal income taxes -- a vivid s...

This Is What Would Happen If You Didn't Pay Your Taxes

Douglas Hoyes | Posted 06.28.2013 | Canada Business
Douglas Hoyes

If you don't pay your taxes, Canada Revenue Agency will send you letters asking for their money. They won't give up, and if you owe a large amount and don't pay, they have the power to freeze your bank account, garnishee your wages, and put a lien on your house.

Should Canadians Be Paying More in Taxes than Basic Necessities?

Charles Lammam | Posted 06.26.2013 | Canada Politics
Charles Lammam

Families now pay more in taxes that they do for basic necessities. While personal income taxes are the single largest type of tax paid by families, they represent less than one-third of the total. There are a host of less visible taxes that Canadians pay but do not see.

6 Tax Tips For Parents

CBC | Posted 05.27.2013 | Canada Business

In January, Ottawa paid out more than $2 billion in GST tax credits, child tax benefits and universal child care benefits. To ensure you get your shar...

This Tax Penalty Pitfall Could Cost You More Than You Think

CBC | Posted 06.09.2012 | Canada Business

Most people know that if they file their personal tax return after the deadline, they’ll be assessed a penalty – five per cent of the amount owing...

An Immodest Tax Proposal From These High Earners

CP | The Canadian Press | Posted 05.21.2012 | Canada Business

TORONTO - A group of doctors is calling on federal and provincial governments to raise income taxes levied on high-income Canadians.They are launching...