Canada News Centre


PEI 2020 Budget – June 17, 2020

PEI is raising the basic personal amount, lowering the small business tax rate, increasing the threshold for the low-income tax reduction, and creating a $500 non-refundable Children’s Wellness tax credit. All measures effective for 2021. Click below to read more: PEI 2020 Budget…


Newfoundland 2021 Budget – May 31, 2021

Personal tax increases for taxable income over $135,973, with 3 additional tax brackets, highest rate increased from 17.3% to 21.8%; Physical activity tax credit will refund up to $2,000 per family; Sweetened beverage tax; Tobacco tax increase. Click below to read more: Newfoundland…