The Bank of Canada site includes a variety of useful features, including information on interest and exchange rates, financial indicators, securities auctions and more. The convenient “Currency Converter” allows you to determine Canadian dollar equivalents for a broad range of foreign currencies.

The Canada Revenue Agency (CRA) is responsible for the administration of tax laws for the Government of Canada, and for most provinces and territories.

The Canada Revenue Agency (CRA) is responsible for the administration of tax laws for the Government of Canada, and for most provinces and territories.

Questions and Answers

If you or your spouse or common-law partner made a gift of money or other property to certain institutions, you may be able to claim a federal and provincial or territorial non-refundable tax credit when you file your return. Generally, you can claim all or part of this amount, up to the limit of 75% of your net income.

The GST is a tax that applies to the supply of most property and services in Canada. The provinces of New Brunswick, Nova Scotia, Newfoundland and Labrador, Ontario and Prince Edward Island, referred to as the participating provinces, harmonized their provincial sales tax with the GST to create the HST. Generally, the HST applies to the same base of property and services as the GST. In some participating provinces, there are point-of-sale rebates equivalent to the provincial part of the HST on designated items.

Employers Guide

Taxable Benefits and Allowances

Employer Health Tax (EHT) is a payroll tax on remuneration paid to employees and former employees.

The Ministry’s labour relations activities focus on settling workplace disputes under various employment-related statutes, assisting in the settlement of collective agreements and producing collective bargaining information.

Record of employment: Information for Employers

Use the calculator to determine the automobile benefit amount you should prorate to the employee’s pay periods.

The WSIB is an independent trust agency that administers compensation and no-fault insurance for Ontario workplaces.

 Financial Security Goals

The Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance full-time training or education for you or your spouse or common-law partner. You cannot participate in the LLP to finance your children’s training or education, or the training or education of your spouse’s or common-law partner’s children.

A registered disability savings plan (RDSP) is a savings plan that is intended to help parents and others save for the long term financial security of a person who is eligible for the disability tax credit.

A registered education savings plan (RESP) is a contract between an individual (the subscriber) and a person or organization (the promoter).