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The GST, which is administered by Canada Revenue Agency (CRA), replaced a previous hidden 13.5% manufacturers' sales tax (MST). Introduced at an original rate of 7%, the GST rate has been lowered twice and currently sits at rate of 5%, since January 1, 2008. The GST raised 11.7% of total federal government revenue in 2017–2018. [2]
Austria. $21,986. $15,390. 2021: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €17,000. Silver medalists received €13,000, bronze medalists received €11,000 each. 2024: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €20,000.
M1 Abrams. The M1 Abrams ( / ˈeɪbrəmz /) [ 10] is a third-generation American main battle tank designed by Chrysler Defense (now General Dynamics Land Systems) and named for General Creighton Abrams. Conceived for modern armored ground warfare, it is one of the heaviest tanks in service at nearly 73.6 short tons (66.8 metric tons ).
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Lazard study assumes "60% debt at 8% interest rate and 40% equity at 12% cost" for its LCOE calculation but did not disclose their methodology or project portfolio used to calculate prices. [91] In the 2023 study Lazard explained their LCOE estimates for nuclear power are "based on the then-estimated costs of the Vogtle Plant and US-focused".
By CBO calculations, the household incomes in the first and second quintiles have an average total federal tax rate of 1.0% and 3.8% respectively. [129] However, these groups also have the smallest percentage of American household incomes – the first quintile earns 3.2% of all income, while the second quintile earns 8.4% of all income. [171]
The territories (the Northwest Territories, Nunavut and Yukon) account for over a third of Canada's area but are only home to 0.3% of its population, which skews the national population density value. [16] Canada's population grew by 5.0% between the 2006 and 2011 censuses.
The economy of Canada is a highly developed mixed economy, [34] [35] [36] 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 highly globalized economy. [37] In 2021, Canadian trade in goods and services reached $2.016 trillion ...