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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 ...
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. 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 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 ...
For details of all sales taxes applicable across Canada, see Sales taxes in Canada. The harmonized sales tax ( HST) is a consumption tax in Canada. It is used in provinces where both the federal goods and services tax (GST) and the regional provincial sales tax (PST) have been combined into a single value-added tax. [1]
Persons 18 years of age or older may work in bars and liquor stores serving and selling alcohol. Patrons may not purchase for on premises consumption more than 50 ounces of beer, 1 liter of wine or 4 ounces of distilled spirits at one time. [18] DUI penalties are some of the most severe in the nation.
Types Civic holiday. A civic holiday, also known as a civil or work holiday, is a day that is legally recognized and celebrated as a holiday in a particular sovereign state or jurisdictional subdivision of such, e.g., a state or a province.
Canadian public debt, or general government debt, is the liabilities of the government sector. [1]: 23 Government gross debtconsists of liabilities that are a financial claim that requires payment of interest and/or principal in future. [2]: 207 They consist mainly of Treasury bonds, but also include public service employee pension liabilities.
Germany. United Kingdom. France. India. Canada. Italy. South Korea. * indicates "Wealth in country or territory" or "Economy of country or territory" links. List by UBS and Credit Suisse published in 2023 pertaining to total wealth of countries in 2022 [2]