Category: Canada

Non-OPEC oil producers are crude oil-producing nations outside of the OPEC group and shale oil producers. Interestingly, some of the top oil-producing countries are non-OPEC nations. This includes the United States of America, which is the number one producer, as well as Canada and China. Is Canada part of OPEC? OTTAWA, Nov 17 (Reuters) – […]

Canada is a world leader in zero-carbon power, generating approximately 82% of its electricity from non-emitting sources, such as water, wind, solar and nuclear. Is Canada have good environment? 1. Canada is clean! Seventy-nine percent of Canada’s electricity comes from eco-friendly, non-greenhouse gas emitting sources. What is Canada’s environment like? Canada has a wide range […]

“(Dealers) may sell a vehicle over MSRP depending on current market conditions and manufacturer stipulations,” Qualey said. There’s not a lot consumers can do, other than shop around or wait for a more favourable supply-demand balance. Can Canadian dealerships charge more than MSRP? Not only does it prohibit dealers from “charging, for goods or services, […]

For many small business owners, it’s a tool to help them save for retirement or invest more in another small business. If you sell qualifying shares of a Canadian business in 2022, the LCGE is $913,630. However, as only half of the realized capital gains is taxable, the deduction limit is in fact $456,815. Is […]

The cost to ship one vehicle by rail from Vancouver to Toronto can range from $1200 to $1800 (Canadian dollars as of November 2021). Enclosed Autorak railcar designed for transporting vehicles. Cost to ship a car from Vancouver to Toronto in 2021. Rail/Train $1200 to $1800 CAD Enclosed Truck $2600 to 3400 CAD How much […]

Reporting entities must report only EFTs of $10,000 or more. They must also report two or more EFTs of less than $10,000 each that are made within 24 consecutive hours by or on behalf of the same individual or entity when they total $10,000 or more, as these are considered to be a single transaction. […]

Because the capital gains inclusion rate in 2021 is 1/2, only 50% of the capital gain from a disposition of property is taxable. In a year, you can claim any amount of the deduction you want, up to the maximum allowable amount you calculated. What can be deducted from capital gains in Canada? You can […]

Treating one person more favourably than another because they have a protected characteristic. It is generally prohibited under the Equality Act 2010, unless an occupational requirement applies. Is positive discrimination illegal? Positive discrimination is unlawful discrimination. Employing someone who isn’t the best candidate can have a number of damaging consequences. Is discrimination illegal in Canada? […]

An Individual Taxpayer Identification Number (ITIN) is a number that is assigned to non-resident aliens of the U.S. who earn income in the U.S. This number is not a replacement for the Social Security Number (SSN) and does not grant any residency status in the U.S. (unlike a green card or work visa). What is […]

The national identification number for Canada is the Social Insurance Number. What is my identification number Canada? You will find this number in top right corner of your Confirmation of Permanent Residence document issued to you by a Immigration, Refugees and Citizenship Canada office or by the visa office where you submitted your application. What […]