AB – 2012 Corporate Tax RatesFor 2012, Alberta will levy a general corporate tax rate of 10%.
Qualifying small business income below the small business threshold
is taxed at the small business rate of 3%. The small business th...
AB – Interest Rates—2012The province of Alberta levies and pays interest on underpayments
and overpayments of tax at rates prescribed by statute and set at
the beginning of each calendar qu...
Bank of Canada leaves benchmark rate unchangedIn its January 17 announcement, the Bank of Canada indicated that
no changes would be made to its benchmark interest rate, meaning
that the bank rate will remain at 1.25%.In announcing its d...
Prescribed interest rates for 2012The Canada Revenue Agency (CRA) has announced the interest rates
that will apply to amounts owed to and by the federal government
for the first quarter of 2012, as w...
Unemployment rate up slightly for December 2011The latest release of Statistics Canada’s Labor Force Survey
indicates that while employment rose slightly during the month of
December, the unemployment rate edged up to 7.5% as more people ...
