Welcome to the Canadian world

  • Clean Skincare for Acne -  Natural & Non-Toxic Products to Try

    Clean Skincare for Acne - Natural & Non-Toxic Products to Try

  • Grocery prices dominate Canadian politics after Davos speech

    Grocery prices dominate Canadian politics after Davos speech

  • Genealogy tourism

    Genealogy tourism

  • Hot wire CNC foam cutter machines

    Hot wire CNC foam cutter machines

  • Experience Seamless Luxury Trading with Watchauren

    Experience Seamless Luxury Trading with Watchauren

  • 1
  • 2
  • 3
  • 4
  • 5

Lifestyle & Fashion

  • Experience Seamless Luxury Trading with Watchauren

    Experience Seamless Luxury Trading with Watchauren In the world of high-end horology, trust is everything. Watchauren Trade was created for collectors who want to sell or exchange their luxury timepieces with confidence, clarity and zero hassle. Whether you're refining your collection or searching for the next grail watch, Watchauren offers a modern, expert-driven approach to trading fine watches. Read More
  • The Ultimate Dive Watch Showdown - Panerai Submersible and Luminor vs TUDOR Black Bay and Pelagos

    The Ultimate Dive Watch Showdown - Panerai Submersible and Luminor vs TUDOR Black Bay and Pelagos There's something deeply compelling about dive watches that transcends their original purpose. Read More
  • Coldplay fans worry over new Toronto venue

    Coldplay fans worry over new Toronto venue As Coldplay prepares for four concerts in Toronto this week, fans are expressing growing concerns about Rogers Stadium, the new 50,000-seat venue in the city’s north end. The British rock band is scheduled to perform from Monday to Saturday, but issues raised during the stadium's first major event have cast a shadow over the excitement. Read More
  • 1

Health & Beauty

  • Clean Skincare for Acne - Natural & Non-Toxic Products to Try

    Clean Skincare for Acne -  Natural & Non-Toxic Products to Try Acne is one of the most common skin concerns, affecting people of all ages. Read More
  • Top Innovators Compete in Taipei as ‘Go Healthy with Taiwan’ Finals Spotlight Health-Tech Advances

    Top Innovators Compete in Taipei as ‘Go Healthy with Taiwan’ Finals Spotlight Health-Tech Advances Six teams from around the world converged in Taipei on December 10, 2025, for the global finals of the “Go Healthy with Taiwan” Call for Proposals, culminating in the selection of three winning innovations poised to shape the future of global health. The competition attracted 638 proposals from 55 countries, underscoring Taiwan’s rising prominence as a hub for health technology and cross-border collaboration. Read More
  • Ontario MedsCheck Pressure Grows

    Ontario MedsCheck Pressure Grows The MedsCheck program in Ontario has entered a period of intense scrutiny as newly released financial records and survey findings reveal significant billing increases and persistent pressure on pharmacists across major retail chains. The data shows a sharp escalation in MedsCheck revenues and highlights ongoing concerns surrounding corporate influence in pharmacy practice. These developments have renewed debate about the program’s design and the future of medication review services in the province. Read More
  • 1

Cars & Tech

  • Hot wire CNC foam cutter machines

    Hot wire CNC foam cutter machines Embarking on a journey through the intricate world of custom foam creations, you'll quickly realize the paramount importance of precision and efficiency. A hot wire CNC foam cutter becomes an indispensable ally in this venture, delivering not just accuracy but also unparalleled ease and speed. As you explore the cutting edge foam cutting technology, imagine a heated wire gliding seamlessly through foam materials, rendering complex designs and flawless patterns that traditional manual cutting could never replicate. Whether you're crafting detailed Read More
  • What Types of Compressors Are Used in Industrial Chillers?

    What Types of Compressors Are Used in Industrial Chillers? Industrial chillers are crucial in any setting that relies on heavy equipment with massive waste heat. They ensure safe and efficient operation in these types of settings. Chillers cool different equipment pieces and process fluids, as well as ambient temperatures. Read More
  • Sensitive Cargo, Critical Missions - Inside the World of High-Value Air Logistics

    Sensitive Cargo, Critical Missions - Inside the World of High-Value Air Logistics When people think of air freight, they often imagine consumer goods, fast shipping, and global commerce. But beyond this lies a quieter, more demanding branch of logistics — one where time, security, and environmental control are non-negotiable. From medical equipment and microchips to priceless artworks and critical telecom parts, high-value cargo logistics operates under a unique set of rules and risks. Read More
  • 1

Food & Travel

Wealthiest Canadians' Tax Contributions

Recent discussions in Canada have spotlighted the tax contributions of the wealthiest citizens, especially in light of proposed changes to capital gains taxes. This debate is fueled by a report from the Fraser Institute, which claims that the top 20% of income earners pay nearly two - thirds of all personal income taxes. The question of what constitutes a "fair share" of taxes is complex, particularly when economic data suggests significant contributions from high - income families.

Who Bears the Tax Burden?

The Fraser Institute's 2023 report highlights that the top 20% of income earners are responsible for 61.9% of the nation's personal income taxes, even though they earn just under half of Canada's total income. These statistics become even more striking when considering the top 10% and 1% of earners, who pay 54.4% and 22.5% of all income taxes, respectively. According to Jake Fuss, director of fiscal studies at the Fraser Institute, these figures demonstrate that high-income Canadians are paying disproportionately more in taxes compared to their share of total income.

Government's View on Fairness

In response, the federal government argues that the current tax system is skewed in favor of the wealthy, particularly regarding capital gains income. The 2024 budget proposal includes an increase in the inclusion rate for capital gains tax from one - half to two - thirds for gains exceeding $250,000 annually for individuals, and on all gains for corporations and trusts. This change aims to adjust the benefits that disproportionately favor wealthier Canadians, affecting only 0.13% of the population with an average income of $1.4 million.

Counterarguments on Tax Fairness

Despite these figures, some experts argue that the data does not capture the full picture of fiscal fairness. Allison Christians, the H. Heward Stikeman Chair in the Law of Taxation at McGill University, points out that top earners often pay a lower percentage of their income in consumption taxes, and can employ sophisticated tax planning strategies to shield their income. Moreover, Clement Nocos from the Broadbent Institute emphasizes the broader context of income inequality, noting that the wealthiest 20% hold over two-thirds of the country’s total net wealth, highlighting a significant wealth gap.

The debate over what constitutes a fair share of taxes in Canada is ongoing and complex. While high-income families do contribute a significant portion of personal income taxes, this does not necessarily equate to a proportionate or fair contribution to Canada's overall financial health. The discussion touches on deeper issues of wealth inequality and the effectiveness of the tax system in addressing these disparities. As policymakers consider adjustments to the tax code, the definition of fairness remains a contentious and central issue.

Source: CBC