Author: Muriel Schmidt

There is no inheritance or estate tax in Canada. However, any capital property owned by the deceased is deemed to have been disposed of at fair market value immediately prior to death. The deemed disposition triggers taxation of capital gains. What happens to an investment account when someone dies? After you die, ownership is passed […]

Trade certification for automotive service technicians is compulsory in Nova Scotia, Prince Edward Island, New Brunswick, Quebec, Ontario and Alberta and available, but voluntary, in Newfoundland and Labrador, Manitoba, Saskatchewan, British Columbia, the Yukon, the Northwest Territories and Nunavut. Can I work as a mechanic with no qualifications? There are many routes to becoming a […]

The average auto mechanic salary in Canada is $60,791 per year or $31.17 per hour. Entry-level positions start at $52,163 per year, while most experienced workers make up to $79,950 per year. What is the highest paying mechanic job in Canada? Top companies for Mechanics in Canada Venture Elevator. 4.1 $58.14per hour. 17 reviews34 salaries […]

You may obtain a CDL if you are a lawful permanent resident (LPR) of the U.S. If you are not an LPR, and you live in Canada or Mexico, you have to get a CDL from Canada or Mexico to drive a CMV in the U.S. How can a foreigner become a truck driver in […]

Yes, you can live in Canada and work remotely for a US company. However, you need to pay taxes. There are three ways to work remotely from Canada; as an independent contractor, foreign employee, or through a PEO. Can you work in Canada for a US company? First things first: can a Canadian legally work […]

The Goods and Services Tax (GST) is a 5% tax applied to most taxable items and services in all provinces and territories in Canada – except where there is an agreement to have GST collected together with Provincial Sales Taxes (PST). In that case, the GST and PST are replaced by a Harmonized Sales Tax […]

Federal rates The basic rate of Part I tax is 38% of your taxable income, 28% after federal tax abatement. After the general tax reduction, the net tax rate is 15%. For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 9%. What is the corporate income tax rate for 2022? […]

Corporate Tax Rate in Canada averaged 37.04 percent from 1981 until 2022, reaching an all time high of 50.90 percent in 1981 and a record low of 26.10 percent in 2012. This page provides – Canada Corporate Tax Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. What is the maximum […]

G2 road test (G1 exit test) you can take your first road test after 12 months with a G1 licence. this exam tests basic driving skills such as: turning left and right. stopping. parallel parking. one-way streets. lane changes. 3-point turns. driving in residential neighbourhoods. once you pass, you get your G2 licence. How much […]

Statistics Canada collects data directly from individuals and businesses, and when possible, uses existing data from government and private sector organizations. Data can also be combined from different sources to provide additional insight into a specific subject. Why does Statistics Canada collect data? Statistics Canada produces statistical data and insights to help Canadians better understand […]