Ottawa cuts corporate, small business taxes
General corporate income rate falls to 19% by 2010
- By: James Langton
- May 2, 2006 May 2, 2006
- 16:29
General corporate income rate falls to 19% by 2010
Plans consultations for more childcare spaces
Work-related expenses such as home computers get tax break
Commuters will have to submit receipts for transit fares
Ottawa eliminates capital gains inclusion
Non-refundable credit goes to $2,000 in 2006
Feds see it as part of plan to restore federal/provincial fiscal balance
New textbook tax credit, relief from tax on scholarships on the agenda
July 1 is the date it all changes
Government introduces four solvency relief measures
Recognizing economic impact, government puts money aside
Conservatives eliminate double taxation of dividends
Keeping our borders open, reducing regulatory red tape and barriers to interprovincial trade and investing in education and research and development are key
Program spending up 5% in fiscal 2007
The first budget of Stephen Harper’s minority Conservative government features numerous visible tax breaks for individuals, both new and accelerated tax cuts for businesses and…
Canadian dollar continues upward climb
Crude prices to reach US$90 per barrel next year
Price of gold to hit US$800 as well
Higher prices for gasoline and fuel oils
Earnings season continues
Canadian dollar hits highest trading level in 28 years
Most are still adhering to some common myths and misconceptions