This year, Tax Freedom Day comes much earlier than usual because the estimates of income and total taxes for average Canadian families have been significantly impacted by the COVID-19 recession.
The three popular articles this week on HRinfodesk deal with income tax changes in the new budget Bill, OHSA and WSIA changes in the new budget Bill and cannabis smoke-free and road safety legislation.
The Fraser Institute just announced that June 9 is Happy Tax Freedom Day 2017 (although the date varies depending on where you live in Canada). According to the Fraser Institute calculations, from that day onward, employees are finally working for themselves and their family. Moreover, if you had to pay all your taxes up front to different levels of government, you are now in the clear to keep the rest of your earnings until a new year begins.