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The district is the city's central business district. The economy of Toronto is the largest contributor to the Canadian economy, at 20% of the national GDP, and an important economic hub of the world. [1] Toronto is a commercial, distribution, financial and industrial centre. It is Canada's banking and stock exchange centre and is the country's ...
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and ...
The tax is a 5% tax imposed on the supply of goods and services that are purchased in Canada, except certain items that are either "exempt" or "zero-rated": For tax-free — i.e., "zero-rated" — sales, GST is charged by suppliers at a rate of 0% so effectively there is no GST collected. However, when a supplier makes a zero-rated supply, it ...
Ontario's HST rate is 13%, similar to New Brunswick and Newfoundland and Labrador. Ontario committed to provide a refundable tax credit of up to $260 per adult or child in 2010–11 to low income people, and British Columbia committed to provide a refundable tax credit of up to $230 per adult or child in 2010–11.
Barrie is a city in Central Ontario, Canada, about 90 kilometres (56 mi) north of Toronto. The city is within Simcoe County and located along the shores of Kempenfelt Bay. Although it is physically in the county, Barrie is politically independent. The city is part of the extended urban area in southern Ontario known as the Greater Golden Horseshoe.
US$118.2 billion (January 2024) [34] [35] All values, unless otherwise stated, are in US dollars. The economy of Canada is a highly developed mixed economy, [36] [37] [38] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [6] Canada is one of the world's largest trading nations, with a ...
Toronto. / 43.74167°N 79.37333°W / 43.74167; -79.37333. Toronto is the most populous city in Canada and the capital city of the Canadian province of Ontario. With a population of 2,794,356 in 2021, [10] it is the fourth-most populous city in North America.
The Greater Toronto Area is linguistically diverse, with 43 percent of its people having a mother tongue other than English. As a result Toronto English has distinctly more variability than Inland Canada. In Eastern Ontario, Canadian raising is not as strong as it is in the rest of the