Category: Canada

Any amount of a settlement payment for damages for personal injury or death is exempt from tax in Canada. Is money from a lawsuit settlement taxable? The general rule regarding taxability of amounts received from settlement of lawsuits and other legal remedies is Internal Revenue Code (IRC) Section 61. This section states all income is […]

COST TO HIRE AN IMMIGRATION LAWYER ALL PRICES CANADIAN DOLLARS Consultation $399 Common-Law Partner $7,050 Conjugal Partner $7,050 Additional Family Member $1,500 Child Sponsorship $6,750 What if you can’t afford a lawyer in Canada? All provinces in Canada have a Government funded Legal Aid office that can assist individuals who do not have the income […]

It is recommended that you have at least $1,000,000 of liability coverage for injuries and property damage during an accident. This auto insurance policy is essential to protect your vehicle and the contents inside in case of any damage when you are not at fault. How much liability for car insurance in Canada? The minimum […]

There are three types of sales taxes in Canada: PST, GST and HST. What are the 3 main types of taxes in Canada? Types of taxes and contributions Income taxes on employment and other income that you receive. Sales taxes such as the Goods and Services Tax ( GST ) or Harmonized Sales Tax ( […]

National summary: Emergency shelters (2018)* Province/Territory 2018 Shelters Beds Northwest Territories 3 82 Nunavut 2 44 Canada 392 15,859 What are the examples of emergency shelters? Post-disaster emergency shelter is often provided by organizations or governmental emergency management departments, in response to natural disasters, such as a flood or earthquake. They tend to use tents […]

There are 86,014 Real Estate Sales & Brokerage businesses as of 2022, an increase of 1.7% from 2021. What is the best real estate brokerage in Canada? CBRE. CBRE is one of the top real estate agencies in Canada (and globally) for commercial real estate sales. JLL. Keller Williams. Fathom Realty. Coldwell Banker. Century 21. […]

Business income is income you earn from a profession, a trade, a manufacture or undertaking of any kind, an adventure or concern in the nature of trade, or any other activity you carry on for profit and there is evidence to support that intention. What qualifies as business income? Business income may include income received […]

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%. Province or territory Ontario Lower rate 3.2% Higher rate 11.5% Business limit $500,000 How much do small businesses usually pay in taxes? Small business tax rate FAQs It depends […]

To Apply for a Photo Card You must go to a ServiceOntario location and fill out an application. Bring acceptable identification documents that prove your legal name, date of birth and signature. If you do not have identification that shows your signature, you can get a Declaration from a Guarantor [PDF]. What do you need […]

A basic road test is required to obtain this licence. Class 5 (Full, Non-GDL Driver’s Licence): This licence can be obtained after having held the Class 5 Probationary licence for two years without suspension. The minimum age to obtain this licence is 18. An advanced road test must be passed to obtain this licence. What […]