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Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba, Quebec and The Maritimes have the ...
The 50¢ coin is also commonly handed out as regular change at some Canada Post locations. An attempt at widening the circulation of the 50-cent piece was made in 2002 with the release of a specially designed coin marking the Golden Jubilee of Queen Elizabeth II, which was circulated through the Laura Secord Chocolates store chain in Canada. [26]
Ontario's HST rate is 13%, similar to New Brunswick and Newfoundland and Labrador. Ontario committed to provide a refundable tax credit of up to $260 per adult or child in 2010–11 to low income people, [ 19 ] and British Columbia committed to provide a refundable tax credit of up to $230 per adult or child in 2010–11. [ 20 ]
The district is the city's central business district. The economy of Toronto is the largest contributor to the Canadian economy, at 20% of the national GDP, and an important economic hub of the world. [ 1] Toronto is a commercial, distribution, financial and industrial centre. It is Canada's banking and stock exchange centre and is the country ...
Canada's fertility rate from 1929 to 2019. The rate fell below two in the 1970s. In 2010, Canada's annual population growth rate was 1.238%, or a daily increase of 1,137 individuals. [41] Between 1867 and 2009 Canada's population grew by 979%. [41] Canada had the highest net migration rate (0.61%) of all G-8 member countries between 1994 and ...
US$122.9 billion (July 2024) [ 32][ 33] All values, unless otherwise stated, are in US dollars. The economy of Canada is a highly developed mixed economy, [ 34][ 35][ 36] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [ 6] Canada is one of the world's largest trading nations, with a ...
The tax is a 5% tax imposed on the supply of goods and services that are purchased in Canada, except certain items that are either "exempt" or "zero-rated": For tax-free — i.e., "zero-rated" — sales, GST is charged by suppliers at a rate of 0% so effectively there is no GST collected. However, when a supplier makes a zero-rated supply, it ...
Goods and services tax ( GST )/ harmonized sales tax ( HST ), a value-added tax levied by the federal government. The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New ...