High GST rate on luxury goods is counter-productive
In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.
The Canadian Press on MSN11h
‘A lot of resiliency’: Canada added 91,000 jobs in December as unemployment rate fell
Canada added 91,000 jobs in December, shattering economist expectations. Statistics Canada’s labour force survey on Friday ...
The Canadian Press on MSN16h
Here’s a quick glance at unemployment rates for December, by Canadian city
The national unemployment rate was 6.7 per cent in December. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It ...
Charlebois: Canada’s top food stories of 2024, a mix of triumphs and setbacks
Every year, we compile a list of the most impactful food stories to highlight the trends, challenges, and opportunities ...
Business Line24d
GST rates on insurance: Group of Ministers submits report, Council to consider proposals on Saturday
“The matter of review of GST rates on life and health insurance is ... including the European Union and Canada, have exempted insurance products from VAT or GST. This reinforces the argument ...
The Financial Express20d
GST Council Meeting Outcome – Here’s what will be cheaper, costlier under new GST rates
Finance Minister Nirmala Sitharaman said no decision has been taken on bringing ATF under GST umbrella and proposal to tweak rates on insurance products has been deferred. This announcement was ...
Gas prices are about to go up in Canada
Canada, including an increase to the controversial federal carbon tax. It’s set to rise to $95 per tonne from $80 on April 1, ...
Hardeep Puri: 'Petrol won't come under GST, fuel prices may come down if...'
Currently, international crude oil prices hover around $72-$73 per barrel. "If prices stay within this range or drop further, ...
Narcity Canada on MSN3d
Canada is increasing a bunch of benefits for 2025 — Here's how much more you can get
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Radio-Canada29d
The GST/HST holiday begins Saturday — here’s how it works
This Saturday marks the beginning of the Liberal government's two-month GST ... Canada need to be taken seriously. Posted: 16 hours ago. Did your kid get glasses post-pandemic? Study says myopia ...
CBC.ca28d
Some items will cost less during Canada’s GST/HST holiday. What is it?
Everyone in Canada pays the GST (goods and service tax), which is ... which refers to the rate at which prices increase over time. The federal government has also said they’ll be sending $ ...
CBC.ca26d
Swiftonomics helped keep November inflation around 2% or slightly rising, experts say
The Bank of Canada expects the GST holiday in December to temporarily ... peak in 2023 and will continue to slow following interest rate cuts," Fan and Janzen said. The Bank of Canada continued ...