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A province that does not receive equalization payments is often referred to as a "have province", while one that does is called a "have-not province". [4] In 2023–24, all provinces and territories will receive $94.6 billion in major federal transfers, including $23.96 billion in equalization payments in 6 provinces.
By 2018, Quebec (2007), British Columbia (2008), Alberta, Ontario, Manitoba and Nova Scotia had carbon-pricing policies in place. By 2017, Metro Vancouver was "exploring road fares and other fee-based mechanisms to address traffic congestion". Ontario cancelled their cap and trade system in 2018.
Ontario: HST: 8: 13 Prince Edward Island: HST: 10: 15: The HST was increased one point to 15% on October 1, 2016. Quebec: GST + QST: 9.975: 14.975: Books are taxed at 5.0% (considered essential goods for QST but not for GST). There is an additional tax on tourist lodgings such as hotels which is usually 3.5%. This tax does not apply in Nunavik.
Canada has ten provinces and three territories that are sub-national administrative divisions under the jurisdiction of the Canadian Constitution.In the 1867 Canadian Confederation, three provinces of British North America—New Brunswick, Nova Scotia, and the Province of Canada (which upon Confederation was divided into Ontario and Quebec)—united to form a federation, becoming a fully ...
Renewable energy in Canada represented 17.3% of the Total Energy Supply (TES) in 2020, following natural gas at 39.1% and oil at 32.7% of the TES. [2] [3] In 2020, Canada produced 435 terawatt hours (TWh) of electricity from renewable sources, representing 68% of its total electricity generation. Hydroelectric power was the primary source ...
The provincial GDP in 2021 was C$504,5 billion, [9] making Quebec the second largest economy in Canada after Ontario. The provincial debt-to-GDP ratio peaked at 50.7% in fiscal year 2012–2013, is now resting at 38.1 in 2022, [10] and is projected to decline to 34% in 2023–2024. [11]
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