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Income Taxes Canada

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

Douglas Hoyes | Posted 04.28.2013 | 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 04.28.2013 | 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 03.27.2013 | 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...

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...