Articles About Credit Karma

Income Tax Rates and Brackets in Canada 2021

Under Canada’s income tax act (ITA), income tax covers personal, corporation, business, and trust income. The Canada Revenue Agency (CRA) determines income tax due by multiplying the taxable income by the applicable tax rates.

Canada is a global financial industry powerhouse; so why isn’t its FinTech sector?

The imbalance between the relative successes of Canada’s major financial institutions and the relative anonymity of its FinTech sector was a key area of focus throughout the daylong AltFi Toronto event. The stage played host to a range of experts from tech and finance, from Canada and abroad, each offering their thoughts on why the country’s FinTech industry is lagging behind, and how best to enable it to catch up.

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