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In 1996, three of the four Atlantic provinces—New Brunswick, Newfoundland and Labrador, and Nova Scotia—entered into an agreement with the Government of Canada to implement what was initially termed the "blended sales tax" (renamed to "harmonized sales tax") which would combine the 7% federal GST with the provincial sales taxes of those provinces; as part of this project, the PST portion ...
On July 1, 2006, the Government of Canada reduced the tax by 1 percentage point (to 6%). [ 10 ] [ 11 ] They again lowered it to 5%, effective January 1, 2008. [ 12 ] This reduction was included in the Final 2007 Budget Implementation Bill (Bill C-28), [ 13 ] which received Royal Assent on December 14, 2007.
v. t. e. In Canada, the federal government makes equalization payments to provincial governments of lesser fiscal capacity so that "reasonably comparable" levels of public services can be provided at similar levels of taxation. [1] Equalization payments are entrenched in the Constitution Act of 1982, subsection 36 (2).
Canadian public debt, or general government debt, is the liabilities of the government sector. [1] : 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future. [2] : 207 They consist mainly of Treasury bonds, but also include public service employee pension liabilities.
This is a list of countries by public sector size, calculated as the number of public sectoremployees as a percentage of the total workforce. Information is based mainly on data from the OECD[1][2][3]and the ILO.[4] If a source has figures for more than one year, only the most recent figure is used (with notes for exceptional circumstances).
Canadian content value. IRB Canadian content value (CCV) is the percentage of the selling price of a product or service which represents Canadian labour and materials and is potentially eligible as an offset against a Canadian Industrial Regional Benefits (IRB) obligation with the Government of Canada. [1] Canadian content value is measured in ...
The Code is published for Alberta by the National Research Council of Canada. The Alberta Building Code 2006 was adopted by provincial regulation on 2 September 2007. The National Building Code – 2019 Alberta Edition came into force on December 1, 2019. This code is based on the National Building Code of Canada 2015. It establishes design and ...
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