AB – 2012 Corporate Tax RatesFor 2012, Alberta will levy a general corporate tax rate of 10%.
Qualifying small business income below the small business threshold
is taxed at the small business rate of 3%. The small business th...
AB – Interest Rates—2012The province of Alberta levies and pays interest on underpayments
and overpayments of tax at rates prescribed by statute and set at
the beginning of each calendar qu...
BC – 2012 Corporate Tax RatesFor 2012, British Columbia will levy a general corporate tax rate
of 10%. The small business threshold is $500,000, and qualifying
small business income under that threshold is taxed at a rate of
2...
BC – Interest Rates—2012The province of British Columbia levies and pays interest at
prescribed rates on underpayments and overpayments of tax with
respect to corporation capital tax, logging tax, and insurance
premium ta...
SK – 2012 Corporate Tax RatesFor 2012, Saskatchewan will levy a general corporate tax rate of
12%. Qualifying small business income below the small business
limit of $500,000 is taxed at a rate of 2%. Manufacturing and
processing...
SK – Interest Rates—2012The province of Saskatchewan levies interest on taxes owed at a
rate prescribed by statute. The rate for the first half of 2012 is
as follows:January 1 – June 30,
2012 6.00%...
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 ...
