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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 RST was increased one point to 8% on July 1, 2013. It reverted to 7% as of July 1, 2019 and although it was planned to drop to 6% as of July 1, 2020 [3][4] due to the COVID-19 pandemic the province has deferred the reduction until further notice. [5] There is a 5% tax on lodging and 5% tax on hotel room fees.
In 1996, three of the four Atlantic provinces—New Brunswick, Newfoundland and Labrador, and Nova Scotia—entered into an agreement with the Government of Canada to implement what was initially termed the "blended sales tax" (renamed to "harmonized sales tax") which would combine the 7% federal GST with the provincial sales taxes of those provinces; as part of this project, the PST portion ...
Carbon pricing in Canada is forecast by Environment Canada to remove 50-60 MT of emissions from the air annually by 2022, which represents about 12% of all Canadian emissions. However, Canada needs to reduce emissions to 512 MT by 2030 to meet its Paris Climate Change accord.
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's ...
GDP per capita (Toronto CMA) CA$ 62,873 (2019) Website. www.toronto.ca. Toronto is the most populous city in Canada and the capital city of the Canadian province of Ontario. With a population of 2,794,356 in 2021, [ 10 ] it is the fourth-most populous city in North America.
Ontario (/ ɒ n ˈ t ɛər i oʊ / ⓘ on-TAIR-ee-oh; French:) is the southernmost province of Canada. [9] [note 1] Located in Central Canada, [10] Ontario is the country's most populous province.
A poor performance in the leader's debate and a weak overall campaign hamstrung the new leader, but he was able to rally his party in the final weeks of the campaign. The Ontario Liberals garnered 40% of the vote, at the time their second-highest total in 50 years. McGuinty's second term as opposition leader was more successful than his first.