ON – Interest Rates—2012 The province of Ontario charges and pays interest on underpayments
and overpayments of tax at rates prescribed by statute and set at
the beginning of each calendar q...
ON – SR&ED seminar schedule for 2011/12 The Ontario Ministry of Revenue, in conjunction with the Canada
Revenue Agency (the CRA), sponsors free seminars which provide
information on scientific research and...
2011 individual income tax package available online The individual income tax package for the filing of personal tax
returns for the 2011 taxation year is now available on the Canada
Revenue Agency Web site....
Bank of Canada maintains bank rate at current level In its December 6 announcement, the Bank of Canada chose to leave
the bank rate at its current level of 1.25%. In the related press
release, which is available on th...
Federal government launches Web site for tradespeople The federal government, together with the governments of British
Columbia, New Brunswick, and Ontario, has launched a Web site
dedicated to providing information for...
Household debt to income ratio increases again The latest Statistics Canada report on household spending and
saving indicates that the average debt-to-income ratio of Canadian
households has reached another new h...
Inflation rate stands at 2.9% for November The most recent issue of Statistics Canada’s Consumer Price
Survey indicates that the overall inflation rate stood at 2.9%. The
major contributors to inflation...
New CPP election form now available on CRA Web site Beginning in 2012, changes to the Canada Pension Plan will be made
which will affect Canadians who are between the ages of 65 and 70
and, although currently receivin...
Prescribed interest rates for 2012 The 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...
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