The 2018 Ontario budget contains several tax measures affecting individuals and corporations, including the elimination of the high-income surtax from the calculation of total Ontario personal income tax.
The Comprehensive & Progressive Trans-Pacific Partnership (CPTPP) agreement (formerly the 11-member Trans-Pacific Partnership agreement, or TPP-11) was signed by its member states, including Canada, on 8 March 2018. The agreement covers a market of 495 million people with a combined GDP of CAD$13.5 trillion, or nearly 13.5% of global GDP.
Alberta faces 5 more years of deficit and billions of dollars in mounting debt before it sees a balance sheet back in the black. It tells a story of an economy still recovering from a lingering oil price shock and struggling with the market access problems with its crude.
In Canada, using Bitcoin for purchases is considered a barter transaction. Transactions using a cryptocurrency are subject to GST/HST and any gain or loss arising on the disposition of the cryptocurrency can be considered business income or a capital gain or loss and depends on the circumstances of the transaction.
The Canadian Agricultural Partnership (CAP), launched in the 2018 Program year, is a five-year federal-provincial-territorial funding agreement that governs agriculture-specific programs including Business Risk Management (BRM) programs such as Crop Insurance, AgriStability, Western Livestock Price Insurance and AgriInvest.