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Articles & Publications
ADP Canada National Employment Report
Employment in Canada Decreased by 28,800 Jobs in December 2020 Employment in Canada decreased by 28,800 jobs from November to December according to the December ADP® Canada National Employment Report. Broadly distributed to the public each month, free of...
Canada Emergency Rent Subsidy (CERS)
Canada Emergency Rent Subsidy (CERS) Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for the Canada Emergency Rent Subsidy (CERS) to cover part of their commercial rent or...
Hiring outlook improves for 2021
Hiring outlook improves for 2021 One-third of employers reporting labour shortages, up from one-quarter: Survey Employers’ hiring intentions for 2021 have improved compared with earlier in 2020, according to a survey from the Bank of Canada. The percentage of...
Tax Brackets Canada 2021
Federal Tax Bracket Rates for 2021 The following are the federal tax rates for 2021 according to the Canada Revenue Agency (CRA): 15% on the first $49,020 of taxable income, and 20.5% on the portion of taxable income over $49,020 up to $98,040 and 26% on the portion...
RRSP Contribution Limits: How Much Can You Deposit?
RRSP Contribution Limits: How Much Can You Deposit? Contributions to registered retirement savings plans (RRSPs) reduce the amount of income tax you pay, but there are limits on how much you can deposit each year. Registered retirement savings plans (RRSPs) encourage...