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On June 11, 2024, Sumo Group announced that they are restructuring and laying off 15% of their staff, approximately 250 employees, across their locations in Canada, the UK, Poland, the Czech Republic, and India.
A city's metropolitan area in colloquial or administrative terms may be different from its CMA as defined by Statistics Canada, resulting in differing populations. Such is the case with the Greater Toronto Area , where its metro population is notably higher than its CMA population due to its inclusion of the neighbouring Oshawa CMA to the east ...
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 ...
Canadian corporate lawconcerns the operation of corporationsin Canada, which can be established under either federal or provincial authority. Federal incorporation of for-profit corporations is governed by Corporations Canadaunder the Canada Business Corporations Act. All of the Canadian provinces and territories also have laws permitting (and ...
The Income Tax Act, Part I, subparagraph 2 (1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the year." After the calendar year, Canadian residents file a T1 Tax and Benefit Return [ 5] for individuals.
15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [6] Newfoundland and Labrador: HST: 10 15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [7] Northwest Territories: GST: 0: 5 Nova Scotia: HST: 10: 15 [8] Rates were meant to be reduced to 14 and 13% on July 1, 2014 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 ...
Southern Ontario is a primary region of the Canadian province of Ontario. It is the most densely populated and southernmost region in Canada, with approximately 13.5 million people, approximately 36% of Canada's population of 37 million. [ 1 ] The region lies south of the province's other primary region, Northern Ontario, although the exact ...