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INTRODUCTION TO CANADA
Taxes
Everyone in Canada must pay taxes. Taxes are collected
as:
Taxes are collected by the municipal, provincial and
federal governments. They are used to pay for the public
services we enjoy, such as health care, education, roads
and cultural activities.
 The
Government of Western Canada and Manitoba charges a
Provincial Sales Tax (PST) of 6% of the purchase price
of most items. The federal government charges an
additional 7% Goods and Services Tax (GST).
Every adult living in Canada must send an Income Tax
Return to the federal government by April 30 each year.
Income taxes are a report of all the income you received
during the previous year.
Property Taxes
You must pay property taxes each year on the house or
condo you own. You have to pay property taxes each year
on your house or condo. Property taxes vary depending on
the type of home you buy, its location, and the size of
the lot. Some people pay their property taxes once a
year. In rural communities, property taxes are quite
low. However, in larger cities, property taxes are
often $1500 per year or higher.
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