ON – 2012 Corporate Tax RatesAs of January 1, 2012, Ontario levies a general corporate tax rate
of 11.5%, with that rate currently scheduled to be reduced to 11%
effective July 1, 2012.The small business threshold is $500,000,
an...
ON – Interest Rates—2012The province of Ontario charges and pays interest on underpayments
and overpayments of tax at rates prescribed by statute and set at
the beginning of each calendar q...
ON – SR&ED seminar schedule for 2011/12The Ontario Ministry of Revenue, in conjunction with the Canada
Revenue Agency (the CRA), sponsors free seminars which provide
information on scientific research and...
ON – Tax credits and benefits Web site expandedThe Ontario Ministry of Finance has posted on its Web site a
summary of the individual tax credits and benefits currently
provided by the province, together with information on the
individual and f...
QC – 2012 Corporate Tax RatesFor the 2012 tax year, Quebec will levy a corporate tax rate of
11.9% on active business income ineligible for the small business
rate, income from manufacturing and processing, and passive income
...
QC – Prescribed Interest Rates for 2012Revenu Québec has announced the interest rates that will be
levied and paid on amounts owed to and by the government of Quebec
in 2012. The debit and credit interest...
QC – Prescribed Interest Rates for 2012Revenu Québec has announced the interest rates that will be
levied and paid on amounts owed to and by the government of Quebec
in 2012. The debit and credit interest...
Bank of Canada leaves benchmark rate unchangedIn its January 17 announcement, the Bank of Canada indicated that
no changes would be made to its benchmark interest rate, meaning
that the bank rate will remain at 1.25%.In announcing its d...
Eco-ENERGY retrofit program ends earlyThe Minister of Natural Resources has announced that, as of January
28, 2012, his department has stopped accepting new registrations
for the federal EcoENERGY retrofit program. The program was orig...
Obtaining tax information slips onlineRecipients of certain types of government benefits, including Old
Age Security, Canada Pension Plan, and Employment Insurance can
obtain the tax information slips (T4A (OAS), T4A(P), T4E) needed
to...
Prescribed interest rates for 2012The Canada Revenue Agency (CRA) has announced the interest rates
that will apply to amounts owed to and by the federal government
for the first quarter of 2012, as w...
Unemployment rate up slightly for December 2011The latest release of Statistics Canada’s Labor Force Survey
indicates that while employment rose slightly during the month of
December, the unemployment rate edged up to 7.5% as more people ...
