Search results
Results From The WOW.Com Content Network
The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the Ontario government's net debt is CDN $353.3 billion. [3] Net debt is projected to rise to $398 billion in 2020-21. The Debt-to-GDP ratio for 2019-2020 was 39.7%, and is projected to rise to 47.1% in 2020-21. [6]
The Ontario Health Premium (OHP) is a component of Ontario's Personal Income Tax system. The OHP is based on taxable income for a taxation year. As of May 2010, an Ontario resident with taxable income (i.e., income after subtracting allowable deductions) of $21,000 pays $60 per year. With a taxable income of $22,000, the premium doubles to $120.
Wines and spirits sold in Canada are subject to the Excise Act, 2001, which contributes greatly to the cost of beverage alcohol, although most liquor tax is provincial. Wine Access , [59] a Canadian food and wine magazine, has claimed that high-end luxury brands sell in Ontario for up to 60% more than in New York. [60]
Ontario has 52 cities, which together had in 2016 a cumulative population of 9,900,179 and average population of 190,388. The most and least populous are Toronto and Dryden, with 2,794,356 and 7,749 residents, respectively. Ontario's newest city is Richmond Hill, whose council voted to change from a town to a city on March 26, 2019.
Canadian content value. IRB Canadian content value (CCV) is the percentage of the selling price of a product or service which represents Canadian labour and materials and is potentially eligible as an offset against a Canadian Industrial Regional Benefits (IRB) obligation with the Government of Canada. [1] Canadian content value is measured in ...
Elon Musk and others applauded an argument for merit-only hiring, but experts say they’re misunderstanding DEI.
Culture of Canada. Freedom of expression in Canada is protected as a "fundamental freedom" by section 2 of the Canadian Charter of Rights and Freedoms; however, in practice the Charter permits the government to enforce "reasonable" limits censoring speech. Hate speech, obscenity, and defamation are common categories of restricted speech in Canada.
Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995, having been an original GATT member since 1 January 1948. The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.