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    News and Articles on Canadian Taxes



    Frontier's Four-Day Back to School Sale  Aug 5, 2008
    In addition, Canadian taxes, surcharges and fees of up to $40 roundtrip are not included in the fare amount. Seasonal Service to/from Vancouver ends 9/14/08. (Yahoo! Wire -- Entertainment News)

    Last Chance for Great Fares on Summer Travel: Midwest Airlines Offers Sale Fares on Travel Through Nov. 19, 2008  May 6, 2008
    Toronto travel does not include Canadian taxes of up to $10, airport improvement fee of $17, navigation surcharge of $14 and U.S. federal inspection fee of $7. Some flights operated by SkyWest Airlines, Inc., d/b/a Midwest Connect. (PR Newswire)

    Nortel to slash 2,100 jobs  Mar 1, 2008
    064 billion related to its Canadian taxes. But excluding that cost and other one-time charges and gains, the company earned about 31 cents per share - well below the average estimate of 47 cents given by analysts polled by Thomson Financial. (Raleigh Triangle Business Journal, NC)

    Canadian sentenced in telemarketing fraud  Jan 31, 2008
    She was one of 15 Canadians indicted in 2002 after an investigation revealed the group defrauded about 80 victims by telling them they had won large lottery prizes but had to prepay Canadian taxes and fees to get the cash. Eight others already have been sentenced. (Concord Monitor)

    TransCanada's Profit Rises 40% on Tax Change, Higher Pipeline Earnings  Jan 30, 2008
    Changes in Canadian taxes added C$56 million to fourth-quarter earnings, the company said. The company had a ``positive'' quarter because it's become more diversified, Lanny Pendill, a St. Louis-based analyst at Edward Jones & Co., said in a telephone interview. (Bloomberg -- Canada)

    Simply Great In '08: Midwest Airlines Offers Sale Fares on Travel Through September 30, 2008  Jan 6, 2008
    Toronto travel does not include Canadian taxes of up to $10, airport improvement fee of $17, navigation surcharge of $14 and U.S. federal inspection fee of $7. Some flights operated by Skyway Airlines, Inc. or SkyWest Airlines, Inc., d/b/a Midwest Connect. (PR Newswire)

    Taxes, U.S. spending, public opinion  Dec 2, 2007
    As for other Canadian taxes, I don t smoke, so I wouldn t be paying Canada s extraordinarily high tobacco taxes, which are about 4. 60 on a pack of 25 cigarettes. (Montana Standard, MT)

    Imperial Oil Net Falls 15 Percent in Absence of Tax Gains a Year Earlier  Aug 3, 2007
    Changes in Canadian taxes boosted profit a year earlier by about C$110 million. Excluding one-time items, the company earned 83 cents in the second quarter and exceeded by 5 cents the average of four analyst estimates compiled by Bloomberg. (Bloomberg -- Canada)

    EnCana's Profit Declines 33 Percent in Absence of Gains a Year Earlier  Jul 26, 2007
    A year earlier, EnCana had gains of $582 million for asset sales and $457 million for changes in Canadian taxes. The results exceeded analysts' estimates because of higher-than-expected earnings from an oil-sands venture with ConocoPhillips that began operations in January, said Ben Dell, an analyst at Sanford C. Bernstein & Co. in New York. (Bloomberg -- Canada)

    The shrinking of the middle class  May 12, 2007
    During the nineties, changes in Canadian taxes and transfers had little net effect on redistribution, the study said. Instead, the study suggested some middle class families may be becoming richer because of the rising earning power of the two-earner family, especially when both earners are highly educated. (Globe and Mail -- Business)

    Getting it right, and getting it done  May 12, 2007
    Secondary interest deductions permitted by a foreign country reduce foreign taxes, thereby increasing Canadian wealth and well-being, and ultimately increasing Canadian taxes. If Canada allows its taxpayers to take interest deductions if they do not double dip, but denies the deduction in Canada if there is also a foreign deduction, the rational taxpayer will take the Canadian tax deduction and forgo the foreign deduction (i. (Globe and Mail -- Business)

    Roane County: Scams hit area  Apr 21, 2007
    She called the "claims agent" identified in the letter and was told to wire 2,900 to a woman in New York for the payment of Canadian taxes on the prize. Strickland asked what would happen next and was told she would receive her prize money through UPS.. (Kingston Roane County News, TN)

    Tedesco: A bad day for Toronto law firm  Apr 12, 2007
    For example, the New York-based lawyer revealed in cross-examination that memos showed it was Mr. Sukonick who suggested that Hollinger International request non-compete fees for its executives as a way to avoid paying onerous Canadian taxes on corporate bonuses. As well, Mr. Sukonick acknowledged that Torys advised Hollinger International that it was not necessary for the company to publicly disclose the controversial $50-million in non-competes from the CanWest deal in its regulatory filings... (National Post)

    Trust tax under fire as drain on revenue  Apr 9, 2007
    Looking ahead, the problem for Ottawa could grow much worse if present trends continue, Mr. McIntyre says, where the hungriest appetite for Canadian income trusts is among entities that will pay few Canadian taxes. Each additional 5 per cent of the existing income trust sector snapped up by such investors would cost Ottawa another $165-million in annual lost revenue, he estimates. (Globe and Mail)

    Many scams reported to AG's office  Feb 4, 2007
    The caller instructed the "winner" they would have to first pay for Canadian taxes before their winnings could be sent to them. A call from "American Publisher's Direct Sweepstakes" was reported to the office. (Rio Rancho Observer, NM)




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