Author: Clint Curtis

Who Started Income Tax In Canada?

Sir Robert Borden. Sir Robert Borden, Prime Minister of Canada, introduced the federal income tax on business profits in 1916 and a tax on personal income on September 20, 1917. Both taxes were tabled as temporary measures to finance World War I. When did Canada start taxing income? Income taxes. The Parliament of Canada entered […]

How Many Troops Did Canada Send To Normandy?

14,000. Of the nearly 150,000 Allied troops who landed or parachuted into the invasion area, 14,000 were Canadians. They assaulted a beachfront code-named “Juno”, while Canadian paratroopers landed just east of the assault beaches. How many troops did Canada send to ww2? More than one million Canadians and Newfoundlanders served in the Second World War. […]

Does Canada Have Diplomatic Relations With Taiwan?

Canada has not recognized Taiwan as a sovereign state since 1970, when then-prime minister Pierre Trudeau switched diplomatic relations to the communist-led People’s Republic of China. Does Canada have relations with Taiwan? While Canada legitimately has a valuable relationship with Taiwan, most of the attention Taiwan receives is a result of its connection to the […]

What Happened On Black Tuesday In Canada?

Beginning on Black Tuesday, October 29, 1929, when the value of the New York stock market fell dramatically, and ending in 1939, the Great Depression was a time when Canadians suffered unprecedented levels of poverty due to unemployment. Did Black Tuesday affect Canada? The New York stock market collapsed in the fall of 1929, as […]

Why Was Black Tuesday Important To Canada?

Beginning on Black Tuesday, October 29, 1929, when the value of the New York stock market fell dramatically, and ending in 1939, the Great Depression was a time when Canadians suffered unprecedented levels of poverty due to unemployment. Why is Black Tuesday so important in history? On October 29, 1929, the United States stock market […]

What Is Canada Trade Balance?

Canada’s Trade Balance recorded a surplus of 886.9 USD mn in Oct 2022, compared with a surplus of 454.8 USD mn in the previous month See the table below for more data. Last. Previous. Does Canada have a positive or negative balance of trade? A positive value means a trade surplus, a negative trade balance […]