Category: Canada

Our two countries share a deep and longstanding defence and national security partnership, providing both countries with greater security than could be achieved individually. Trade and investment between Canada and the U.S. supports millions of jobs. Is US friendly with Canada? The United States and Canada are stalwart allies. We work closely through NATO and […]

Based on CCB payments in 2021, you could receive a maximum of: $6,833 per year ($569.41 per month) for each eligible child under the age of 6. $5,765 per year ($480.41 per month) for each eligible child aged 6 to 17. How much is the Canada Child Benefit 2022? For the 2022–23 benefit year, families […]

Entering Canada: U.S. citizens are not required to present a passport when entering Canada. They must show a government-issued photo ID such as a valid Driver’s License and proof of U.S. citizenship such as a U.S. birth certificate, naturalization certificate, or expired U.S. passport. Does my 17 year old need a passport to go to […]

Some of the poverty reduction initiatives currently underway include an increase in the minimum wage, investment in asset-building programs, dental services for low income Ontario families, a new child benefit program, and an increase in social assistance benefits. How can Canada improve poverty? Dignity: Lifting Canadians out of poverty by ensuring basic needs—such as safe […]

You can receive up to $6,400 per year for each child under 6 years old, and $5,400 for each child from 6 to 17 years old. A tax-free quarterly payment of up to $560 per year, made to modest-income families to get back some of the goods and services tax/harmonized sales tax (GST/HST) they’ve paid. […]

To get the best car you can realistically afford given your salary, we recommend your monthly payment should be less than 10-15% of your earnings after taxes (your net, or take-home, pay). If you don’t know this number off hand, you can calculate it using neuvoo’s Canadian income tax calculator. How much car can I […]

If you make $250,000 a year living in the region of Ontario, Canada, you will be taxed $101,735. That means that your net pay will be $148,265 per year, or $12,355 per month. Your average tax rate is 40.7% and your marginal tax rate is 52.5%. How much tax will I pay on $250000 a […]

Big-ticket items like houses and cars are more expensive in the UK than in Canada, but pretty much everything else in the UK is on par price-wise with Canada. Is UK cheaper than Canada? The average cost of living in the UK is $19,500 per person per year. The average cost of living in Canada […]

If you make $300,000 a year living in the region of Ontario, Canada, you will be taxed $127,985. That means that your net pay will be $172,015 per year, or $14,335 per month. Your average tax rate is 42.7% and your marginal tax rate is 53.5%. What is the tax on $300 000? If you […]

How much do you want to carry? You may carry as much as you want as long as you report to customs any amount (cash and/or equivalent) over $10,000 CAD. Failing to report an amount over $10,000 CAD is an offence and you may be subject to arrest, a fine, and the cash subject to […]