Report on Federal Tax Expenditures - Concepts, Estimates and Evaluations 2019: part 2
Part 2 presents the estimates of the fiscal cost of federal tax expenditures for the years 2013 to 2020. It presents estimates for a wide range of tax expenditures, measures that are not considered tax expenditures (i.e., measures that are considered part of the benchmark tax system), and refundable tax credits that are classified as transfer payments. The estimates are followed by a second set of tables that present background statistics on total tax revenues by tax base, as well as some other useful statistics, such as the number of filers and tax paid by income tax bracket. Finally, key changes that have been made to tax expenditures since the last edition are described.
Notes:
The elimination of a tax expenditure would not necessarily yield the full tax revenues shown in the table. See Part 1 of this report for a discussion of the reasons for this.
A structural measure is one whose main objective is internal to the tax system. The classification of a measure as structural or non-structural is not indicative of the relevance and performance of the measure. A measure could pursue both structural and non-structural objectives, in which case it is categorized based on an assessment of whether the structural or non-structural component predominates (see explanation in the introduction to Part 3 of the report).
Amounts under $500,000 are reported as "S" ("small"), amounts between $500,000 and $5 million are rounded to the nearest $1 million, and amounts above $5 million are rounded to the nearest $5 million.
Symbols:
Default ordering | Measure | Tax | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | Group | Subject | Category |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Deduction for self-employed artists | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Arts and culture | Structural |
2 | Children’s Arts Tax Credit | PIT | 40 | 40 | 45 | 25 | – | – | – | – | Tax expenditures | Arts and culture | Non-structural |
3 | Cash basis accounting | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
4 | Cash basis accounting | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
5 | Deferral of income from destruction of livestock | PIT | S | S | 1 | -1 | 2 | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
6 | Deferral of income from destruction of livestock | CIT | S | S | 1 | S | 3 | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
7 | Deferral of income from sale of livestock in a region of drought, flood or excessive moisture | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
8 | Deferral of income from sale of livestock in a region of drought, flood or excessive moisture | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Structural |
9 | Deferral of capital gains through intergenerational rollovers of family farms or fishing businesses | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
10 | Deferral of income from grain sold through cash purchase tickets | PIT | -10 | -20 | 15 | 10 | -5 | -15 | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
11 | Deferral of income from grain sold through cash purchase tickets | CIT | -10 | -25 | 20 | 10 | -5 | -2 | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
12 | Exemption for insurers of farming and fishing property | CIT | 10 | 10 | 10 | 10 | 10 | 10 | – | – | Tax expenditures | Business - farming and fishing | Non-structural |
13 | Patronage dividends paid as shares by agricultural cooperatives | PIT | 1 | 1 | S | 2 | 2 | 1 | 1 | 1 | Tax expenditures | Business - farming and fishing | Non-structural |
14 | Patronage dividends paid as shares by agricultural cooperatives | CIT | 3 | 3 | S | 5 | 4 | 4 | 4 | 4 | Tax expenditures | Business - farming and fishing | Non-structural |
15 | Tax treatment of farm savings accounts (AgriInvest and Agri-Québec) | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
16 | Tax treatment of farm savings accounts (AgriInvest and Agri-Québec) | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
17 | Zero-rating of agricultural and fish products and purchases | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - farming and fishing | Non-structural |
18 | Accelerated capital cost allowance for liquefied natural gas facilities | PIT | – | – | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
19 | Accelerated capital cost allowance for liquefied natural gas facilities | CIT | – | – | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
20 | Accelerated capital cost allowance for mining and oil sands assets | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
21 | Accelerated capital cost allowance for mining and oil sands assets | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
22 | Accelerated deductibility of some Canadian Exploration Expenses | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
23 | Accelerated deductibility of some Canadian Exploration Expenses | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
24 | Corporate Mineral Exploration and Development Tax Credit | CIT | -4 | 30 | 15 | 5 | 50 | 25 | 25 | 25 | Tax expenditures | Business - natural resources | Non-structural |
25 | Earned depletion | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - natural resources | Non-structural |
26 | Earned depletion | CIT | S | S | S | S | S | S | S | S | Tax expenditures | Business - natural resources | Non-structural |
27 | Flow-through share deductions | PIT | 110 | 110 | 70 | 105 | 110 | 115 | 110 | 110 | Tax expenditures | Business - natural resources | Non-structural |
28 | Flow-through share deductions | CIT | 25 | 25 | 25 | 30 | 35 | 35 | 40 | 40 | Tax expenditures | Business - natural resources | Non-structural |
29 | Mineral Exploration Tax Credit for flow-through share investors | PIT | 20 | 30 | 25 | 50 | 65 | 60 | 65 | 65 | Tax expenditures | Business - natural resources | Non-structural |
30 | Reclassification of expenses under flow-through shares | PIT | -10 | -5 | -5 | -4 | -3 | -2 | -3 | -3 | Tax expenditures | Business - natural resources | Non-structural |
31 | Reclassification of expenses under flow-through shares | CIT | -1 | -1 | -1 | S | S | S | S | S | Tax expenditures | Business - natural resources | Non-structural |
32 | Expensing of current expenditures on scientific research and experimental development | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - research and development | Non-structural |
33 | Expensing of current expenditures on scientific research and experimental development | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - research and development | Non-structural |
34 | Expensing of purchases of capital equipment used for scientific research and experimental development | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - research and development | Non-structural |
35 | Expensing of purchases of capital equipment used for scientific research and experimental development | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - research and development | Non-structural |
36 | Scientific Research and Experimental Development Investment Tax Credit (non-refundable portion for CIT) | PIT | 3 | 1 | 1 | S | S | 1 | 1 | 1 | Tax expenditures | Business - research and development | Non-structural |
37 | Scientific Research and Experimental Development Investment Tax Credit (non-refundable portion for CIT) | CIT | 1,995 | 1,315 | 1,330 | 1,445 | 1,510 | 1,550 | 1,335 | 1,375 | Tax expenditures | Business - research and development | Non-structural |
38 | Small suppliers’ threshold | GST | 210 | 220 | 225 | 230 | 245 | 255 | 265 | 275 | Tax expenditures | Business - small business | Structural |
39 | Deduction of allowable business investment losses | PIT | 30 | 40 | 35 | 35 | 20 | 20 | 20 | 20 | Tax expenditures | Business - small business | Non-structural |
40 | Deduction of allowable business investment losses | CIT | 10 | 10 | 15 | 10 | 10 | 15 | 15 | 15 | Tax expenditures | Business - small business | Non-structural |
41 | Non-taxation of provincial assistance for venture investments in small businesses | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - small business | Non-structural |
42 | Non-taxation of provincial assistance for venture investments in small businesses | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - small business | Non-structural |
43 | Preferential tax rate for small businesses | CIT | 2,950 | 3,105 | 3,260 | 3,750 | 4,020 | 4,590 | 5,585 | 5,575 | Tax expenditures | Business - small business | Non-structural |
44 | Rollovers of investments in small businesses | PIT | 5 | 5 | X | 25 | 5 | 5 | 5 | 5 | Tax expenditures | Business - small business | Non-structural |
45 | Deductibility of costs of capital assets and eligibility for investment tax credits before asset is put in use | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
46 | Deductibility of costs of capital assets and eligibility for investment tax credits before asset is put in use | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
47 | Deductibility of earthquake reserves | CIT | S | S | S | S | S | 1 | 1 | 1 | Tax expenditures | Business - other | Structural |
48 | Deferral through five-year capital gain reserve | PIT | 10 | 10 | 10 | 15 | 10 | 10 | 10 | 10 | Tax expenditures | Business - other | Structural |
49 | Deferral through five-year capital gain reserve | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
50 | Deferral through rollover of capital gains and capital cost allowance recapture in respect of involuntary dispositions | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
51 | Deferral through rollover of capital gains and capital cost allowance recapture in respect of involuntary dispositions | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
52 | Deferral through use of billed-basis accounting by professionals and professional corporations | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
53 | Deferral through use of billed-basis accounting by professionals and professional corporations | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
54 | Exemption from GST for domestic financial services | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
55 | Exemption from branch tax for transportation, communications, and iron ore mining corporations | CIT | 10 | 4 | 1 | S | 35 | 15 | 20 | 20 | Tax expenditures | Business - other | Structural |
56 | Expensing of advertising costs | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
57 | Expensing of advertising costs | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
58 | Expensing of incorporation expenses | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
59 | Expensing of incorporation expenses | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
60 | Holdback on progress payments to contractors | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Structural |
61 | Holdback on progress payments to contractors | CIT | 60 | 80 | 50 | 10 | 25 | 30 | 30 | 30 | Tax expenditures | Business - other | Structural |
62 | Tax status of certain federal Crown corporations | CIT | X | X | X | X | X | X | X | X | Tax expenditures | Business - other | Structural |
63 | Accelerated capital cost allowance for manufacturing or processing machinery and equipment | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
64 | Accelerated capital cost allowance for manufacturing or processing machinery and equipment | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
65 | Accelerated capital cost allowance for vessels | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
66 | Accelerated capital cost allowance for vessels | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
67 | Accelerated Investment Incentive | PIT | – | – | – | – | – | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
68 | Accelerated Investment Incentive | CIT | – | – | – | – | – | 375 | 3,680 | 3,005 | Tax expenditures | Business - other | Non-structural |
69 | Atlantic Investment Tax Credit (non-refundable portion for CIT) | PIT | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | Tax expenditures | Business - other | Non-structural |
70 | Atlantic Investment Tax Credit (non-refundable portion for CIT) | CIT | 320 | 190 | 285 | 135 | 530 | 405 | 170 | 125 | Tax expenditures | Business - other | Non-structural |
71 | Deferral for asset transfers to a corporation and corporate reorganizations | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
72 | Deferral for asset transfers to a corporation and corporate reorganizations | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
73 | Deferral through 10-year capital gain reserve | PIT | 30 | 35 | 30 | 30 | 35 | 35 | 35 | 35 | Tax expenditures | Business - other | Non-structural |
74 | Deferral through rollover of capital gains and capital cost allowance recapture in respect of dispositions of land and buildings | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
75 | Deferral through rollover of capital gains and capital cost allowance recapture in respect of dispositions of land and buildings | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
76 | Exemption from tax for international banking centres | CIT | X | – | – | – | – | – | – | – | Tax expenditures | Business - other | Non-structural |
77 | Expensing of employee training costs | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
78 | Expensing of employee training costs | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
79 | Foreign Convention and Tour Incentive Program | GST | 10 | 15 | 20 | 25 | 20 | 10 | 10 | 10 | Tax expenditures | Business - other | Non-structural |
80 | Lifetime Capital Gains Exemption | PIT | 1,100 | 1,260 | 1,380 | 1,500 | 1,750 | 1,660 | 1,735 | 1,810 | Tax expenditures | Business - other | Non-structural |
81 | Non-deductibility of advertising expenses in foreign media | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Business - other | Non-structural |
82 | Non-deductibility of advertising expenses in foreign media | CIT | S | S | S | S | S | S | S | S | Tax expenditures | Business - other | Non-structural |
83 | Special tax rate for credit unions | CIT | 25 | 20 | 15 | 10 | S | – | – | – | Tax expenditures | Business - other | Non-structural |
84 | Additional deduction for gifts of medicine | CIT | S | S | S | S | S | S | S | S | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
85 | Charitable Donation Tax Credit | PIT | 2,540 | 2,585 | 2,645 | 2,735 | 2,905 | 3,000 | 3,095 | 3,190 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
86 | Deductibility of charitable donations | CIT | 320 | 500 | 455 | 455 | 665 | 710 | 710 | 715 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
87 | Deduction for certain contributions by individuals who have taken vows of perpetual poverty | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
88 | Exemption from GST for certain supplies made by charities and non-profit organizations | GST | 990 | 1,010 | 1,075 | 1,175 | 1,250 | 1,275 | 1,275 | 1,275 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
89 | First-Time Donor’s Super Credit | PIT | 5 | 4 | 4 | 4 | 4 | – | – | – | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
90 | Non-taxation of capital gains on donations of cultural property | PIT | 5 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
91 | Non-taxation of capital gains on donations of cultural property | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
92 | Non-taxation of capital gains on donations of ecologically sensitive land | PIT | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 2 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
93 | Non-taxation of capital gains on donations of ecologically sensitive land | CIT | 1 | 5 | S | S | 2 | 1 | 1 | 1 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
94 | Non-taxation of capital gains on donations of publicly listed securities | PIT | 45 | 70 | 60 | 75 | 90 | 95 | 100 | 105 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
95 | Non-taxation of capital gains on donations of publicly listed securities | CIT | 70 | 100 | 60 | 65 | 110 | 85 | 90 | 95 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
96 | Non-taxation of non-profit organizations | PIT/CIT | 100 | 110 | 70 | 60 | 90 | 120 | 155 | 170 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
97 | Non-taxation of registered charities | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
98 | Non-taxation of registered charities | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
99 | Rebate for poppies and wreaths | GST | X | X | X | X | X | X | X | X | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
100 | Rebate for qualifying non-profit organizations | GST | 65 | 70 | 75 | 70 | 65 | 70 | 70 | 75 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
101 | Rebate for registered charities | GST | 290 | 310 | 325 | 305 | 295 | 310 | 320 | 335 | Tax expenditures | Donations, gifts, charities and non-profit organizations | Non-structural |
102 | Deduction for tuition assistance for adult basic education | PIT | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | Tax expenditures | Education | Structural |
103 | Education Tax Credit | PIT | 705 | 725 | 760 | 730 | 395 | 320 | 250 | 190 | Tax expenditures | Education | Structural |
104 | Textbook Tax Credit | PIT | 115 | 115 | 120 | 115 | 65 | 50 | 40 | 30 | Tax expenditures | Education | Structural |
105 | Tuition Tax Credit | PIT | 1,040 | 1,120 | 1,230 | 1,315 | 1,450 | 1,590 | 1,705 | 1,810 | Tax expenditures | Education | Structural |
106 | Exemption from GST for tuition and educational services | GST | 595 | 705 | 755 | 795 | 830 | 870 | 905 | 940 | Tax expenditures | Education | Non-structural |
107 | Exemption of scholarship, fellowship and bursary income | PIT | 210 | 250 | 250 | 265 | 365 | 385 | 405 | 425 | Tax expenditures | Education | Non-structural |
108 | Rebate for book purchases made by certain organizations | GST | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | Tax expenditures | Education | Non-structural |
109 | Rebate for schools, colleges and universities | GST | 700 | 710 | 725 | 745 | 825 | 865 | 900 | 930 | Tax expenditures | Education | Non-structural |
110 | Registered Education Savings Plans | PIT | 170 | 155 | 145 | 135 | 120 | 130 | 165 | 220 | Tax expenditures | Education | Non-structural |
111 | Student Loan Interest Credit | PIT | 45 | 40 | 40 | 40 | 45 | 45 | 45 | 45 | Tax expenditures | Education | Non-structural |
112 | Apprentice vehicle mechanics’ tools deduction | PIT | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | Tax expenditures | Employment | Structural |
113 | Canada Employment Credit | PIT | 2,110 | 2,185 | 2,270 | 2,295 | 2,315 | 2,370 | 2,440 | 2,505 | Tax expenditures | Employment | Structural |
114 | Child care expense deduction | PIT | 960 | 1,080 | 1,345 | 1,295 | 1,320 | 1,365 | 1,410 | 1,445 | Tax expenditures | Employment | Structural |
115 | Deductibility of certain costs incurred by musicians | PIT | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | Tax expenditures | Employment | Structural |
116 | Deductibility of expenses by employed artists | PIT | S | S | S | S | S | S | S | S | Tax expenditures | Employment | Structural |
117 | Deduction for tradespeople’s tool expenses | PIT | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | Tax expenditures | Employment | Structural |
118 | Deduction of other employment expenses | PIT | 955 | 920 | 930 | 915 | 960 | 1,015 | 1,050 | 1,075 | Tax expenditures | Employment | Structural |
119 | Deduction of union and professional dues | PIT | 890 | 915 | 970 | 955 | 990 | 1,025 | 1,065 | 1,100 | Tax expenditures | Employment | Structural |
120 | Moving expense deduction | PIT | 95 | 100 | 100 | 100 | 110 | 115 | 120 | 125 | Tax expenditures | Employment | Structural |
121 | Non-taxation of allowances for diplomats and other government employees posted abroad | PIT | 25 | 25 | 25 | 30 | 30 | 30 | n.a. | n.a. | Tax expenditures | Employment | Structural |
122 | Non-taxation of allowances for members of legislative assemblies and certain municipal officers | PIT | 15 | 20 | 20 | 20 | 20 | 20 | – | – | Tax expenditures | Employment | Structural |
123 | Non-taxation of benefits in respect of home relocation loans | PIT | S | S | S | S | S | – | – | – | Tax expenditures | Employment | Structural |
124 | Non-taxation of certain non-monetary employment benefits | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Employment | Structural |
125 | Rebate to employees and partners | GST | 65 | 60 | 55 | 55 | 55 | 60 | 60 | 60 | Tax expenditures | Employment | Structural |
126 | Apprenticeship Job Creation Tax Credit | PIT | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | Tax expenditures | Employment | Non-structural |
127 | Apprenticeship Job Creation Tax Credit | CIT | 90 | 90 | 95 | 85 | 90 | 95 | 95 | 100 | Tax expenditures | Employment | Non-structural |
128 | Employee benefit plans | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Employment | Non-structural |
129 | Employee stock option deduction | PIT | 630 | 745 | 685 | 550 | 630 | 660 | 685 | 710 | Tax expenditures | Employment | Non-structural |
130 | Non-taxation of income earned by military and police deployed to international operational missions | PIT | 15 | 5 | 10 | 15 | 40 | 35 | n.a. | n.a. | Tax expenditures | Employment | Non-structural |
131 | Northern Residents Deductions | PIT | 175 | 180 | 180 | 220 | 225 | 230 | 235 | 240 | Tax expenditures | Employment | Non-structural |
132 | Overseas Employment Tax Credit | PIT | 55 | 40 | 25 | – | – | – | – | – | Tax expenditures | Employment | Non-structural |
133 | Deductibility of contributions to a qualifying environmental trust | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Environment | Structural |
134 | Deductibility of contributions to a qualifying environmental trust | CIT | S | -1 | 55 | 55 | 60 | 60 | 60 | 60 | Tax expenditures | Environment | Structural |
135 | Accelerated capital cost allowance for clean energy generation equipment | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Environment | Non-structural |
136 | Accelerated capital cost allowance for clean energy generation equipment | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Environment | Non-structural |
137 | Accelerated deductibility of Canadian Renewable and Conservation Expenses | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Environment | Non-structural |
138 | Accelerated deductibility of Canadian Renewable and Conservation Expenses | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Environment | Non-structural |
139 | Public Transit Tax Credit | PIT | 175 | 180 | 190 | 190 | 105 | – | – | – | Tax expenditures | Environment | Non-structural |
140 | Adoption Expense Tax Credit | PIT | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | Tax expenditures | Families and households | Structural |
141 | Canada Caregiver Credit | PIT | – | – | – | – | 225 | 230 | 240 | 245 | Tax expenditures | Families and households | Structural |
142 | Caregiver Credit | PIT | 130 | 140 | 145 | 145 | – | – | – | – | Tax expenditures | Families and households | Structural |
143 | Child Tax Credit | PIT | 1,590 | 1,645 | – | – | – | – | – | – | Tax expenditures | Families and households | Structural |
144 | Eligible Dependant Credit | PIT | 775 | 795 | 870 | 905 | 940 | 960 | 995 | 1,025 | Tax expenditures | Families and households | Structural |
145 | Family Caregiver Tax Credit | PIT | 65 | 70 | 75 | 75 | – | – | – | – | Tax expenditures | Families and households | Structural |
146 | Goods and Services Tax/Harmonized Sales Tax Credit | GST | 4,090 | 4,175 | 4,315 | 4,440 | 4,550 | 4,690 | 4,810 | 4,930 | Tax expenditures | Families and households | Structural |
147 | Infirm Dependant Credit | PIT | 5 | 5 | 5 | 5 | – | – | – | – | Tax expenditures | Families and households | Structural |
148 | Spouse or Common-Law Partner Credit | PIT | 1,505 | 1,505 | 1,440 | 1,575 | 1,740 | 1,780 | 1,840 | 1,895 | Tax expenditures | Families and households | Structural |
149 | Deferral of capital gains through transfers to a spouse, spousal trust or alter ego trust | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Families and households | Non-structural |
150 | Exemption from GST for child care | GST | 145 | 150 | 160 | 165 | 175 | 185 | 190 | 200 | Tax expenditures | Families and households | Non-structural |
151 | Exemption from GST for personal care services | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Families and households | Non-structural |
152 | Family Tax Cut | PIT | – | 1,650 | 1,625 | – | – | – | – | – | Tax expenditures | Families and households | Non-structural |
153 | Inclusion of the Universal Child Care Benefit in the income of an eligible dependant | PIT | 2 | 2 | 10 | 5 | – | – | – | – | Tax expenditures | Families and households | Non-structural |
154 | Investment Tax Credit for Child Care Spaces | PIT | S | S | S | S | S | S | S | S | Tax expenditures | Families and households | Non-structural |
155 | Investment Tax Credit for Child Care Spaces | CIT | S | S | S | S | S | S | S | S | Tax expenditures | Families and households | Non-structural |
156 | Non-taxation of up to $10,000 of death benefits | PIT | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | Tax expenditures | Families and households | Non-structural |
157 | Tax treatment of alimony and maintenance payments | PIT | 65 | 65 | 65 | 95 | 90 | 95 | 95 | 95 | Tax expenditures | Families and households | Non-structural |
158 | Zero-rating of feminine hygiene products | GST | – | – | 15 | 35 | 35 | 40 | 40 | 40 | Tax expenditures | Families and households | Non-structural |
159 | Disability supports deduction | PIT | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | Tax expenditures | Health | Structural |
160 | Disability Tax Credit | PIT | 815 | 885 | 990 | 1,030 | 1,060 | 1,100 | 1,145 | 1,190 | Tax expenditures | Health | Structural |
161 | Medical Expense Tax Credit | PIT | 1,200 | 1,300 | 1,370 | 1,435 | 1,530 | 1,635 | 1,745 | 1,865 | Tax expenditures | Health | Structural |
162 | Children’s Fitness Tax Credit | PIT | 115 | 180 | – | – | – | – | – | – | Tax expenditures | Health | Non-structural |
163 | Exemption from GST for health care services | GST | 725 | 735 | 765 | 775 | 810 | 860 | 900 | 940 | Tax expenditures | Health | Non-structural |
164 | Exemption from GST for hospital parking | GST | – | 10 | 15 | 15 | 15 | 15 | 15 | 15 | Tax expenditures | Health | Non-structural |
165 | Home Accessibility Tax Credit | PIT | – | – | – | 15 | 20 | 20 | 25 | 25 | Tax expenditures | Health | Non-structural |
166 | Non-taxation of benefits from private health and dental plans | PIT | 2,520 | 2,585 | 2,580 | 2,480 | 2,615 | 2,765 | 2,910 | 3,030 | Tax expenditures | Health | Non-structural |
167 | Rebate for hospitals, facility operators and external suppliers | GST | 635 | 650 | 695 | 630 | 665 | 695 | 720 | 745 | Tax expenditures | Health | Non-structural |
168 | Rebate for specially equipped motor vehicles | GST | S | S | S | S | S | S | S | S | Tax expenditures | Health | Non-structural |
169 | Registered Disability Savings Plans | PIT | 30 | 35 | 40 | 50 | 65 | 70 | 80 | 85 | Tax expenditures | Health | Non-structural |
170 | Surtax on the profits of tobacco manufacturers | CIT | X | X | X | X | X | – | – | – | Tax expenditures | Health | Non-structural |
171 | Zero-rating of medical and assistive devices | GST | 335 | 360 | 375 | 395 | 405 | 415 | 430 | 440 | Tax expenditures | Health | Non-structural |
172 | Zero-rating of prescription drugs | GST | 755 | 785 | 820 | 870 | 900 | 935 | 970 | 980 | Tax expenditures | Health | Non-structural |
173 | Exemption from GST for sales of used residential housing and other personal-use real property | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Housing | Structural |
174 | Exemption from GST for certain residential rent | GST | 1,835 | 1,800 | 1,895 | 1,955 | 2,045 | 2,160 | 2,285 | 2,315 | Tax expenditures | Housing | Non-structural |
175 | Exemption from GST for short-term accommodation | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Housing | Non-structural |
176 | First-Time Home Buyers’ Tax Credit | PIT | 105 | 115 | 115 | 115 | 110 | 110 | 110 | 110 | Tax expenditures | Housing | Non-structural |
177 | Non-taxation of capital gains on principal residences | PIT | 4,160 | 5,100 | 6,130 | 7,900 | 7,565 | 5,335 | 5,960 | 5,915 | Tax expenditures | Housing | Non-structural |
178 | Rebate for new housing | GST | 595 | 570 | 570 | 520 | 510 | 550 | 535 | 525 | Tax expenditures | Housing | Non-structural |
179 | Rebate for new residential rental property | GST | 110 | 125 | 140 | 170 | 130 | 150 | 145 | 145 | Tax expenditures | Housing | Non-structural |
180 | Non-taxation of certain veterans’ benefits | PIT | 255 | 240 | 230 | 220 | 205 | 195 | 190 | 180 | Tax expenditures | Income support | Non-structural |
181 | Non-taxation of Guaranteed Income Supplement and Allowance benefits | PIT | 140 | 145 | 155 | 175 | 200 | 215 | 225 | 235 | Tax expenditures | Income support | Non-structural |
182 | Non-taxation of investment income on certain amounts received as damages in respect of personal injury or death | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Income support | Non-structural |
183 | Non-taxation of RCMP pensions and other compensation in respect of injury, disability or death | PIT | 20 | 25 | 25 | 30 | 35 | 35 | 40 | 40 | Tax expenditures | Income support | Non-structural |
184 | Non-taxation of social assistance benefits | PIT | 190 | 205 | 230 | 240 | 265 | 285 | 300 | 315 | Tax expenditures | Income support | Non-structural |
185 | Non-taxation of workers’ compensation benefits | PIT | 620 | 645 | 630 | 640 | 665 | 670 | 675 | 675 | Tax expenditures | Income support | Non-structural |
186 | Income tax exemption for certain public bodies | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Intergovernmental tax arrangements | Structural |
187 | Rebate for municipalities | GST | 2,060 | 2,165 | 2,245 | 2,280 | 2,495 | 2,595 | 2,660 | 2,725 | Tax expenditures | Intergovernmental tax arrangements | Structural |
188 | Refunds for Indigenous self-governments | GST | 5 | 5 | 10 | 5 | 5 | 5 | 5 | 5 | Tax expenditures | Intergovernmental tax arrangements | Structural |
189 | Logging Tax Credit | PIT | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | Tax expenditures | Intergovernmental tax arrangements | Non-structural |
190 | Logging Tax Credit | CIT | 15 | 20 | 20 | 25 | 60 | 60 | 60 | 60 | Tax expenditures | Intergovernmental tax arrangements | Non-structural |
191 | Deductibility of countervailing and anti-dumping duties when paid | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
192 | Deductibility of countervailing and anti-dumping duties when paid | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
193 | Exemption for international shipping and aviation by non-residents | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
194 | Exemption for international shipping and aviation by non-residents | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
195 | Non-taxation of certain importations | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
196 | Non-taxation of life insurance companies’ foreign income | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Structural |
197 | Travellers’ exemption | GST | 225 | 240 | 260 | 260 | 285 | 295 | 310 | 320 | Tax expenditures | International | Structural |
198 | Exemptions from non-resident withholding tax | PIT/CIT | 5,075 | 5,150 | 5,585 | 6,170 | 6,195 | 6,450 | 6,710 | 6,935 | Tax expenditures | International | Non-structural |
199 | Tax treatment of active business income of foreign affiliates of Canadian corporations and deductibility of expenses incurred to invest in foreign affiliates | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | International | Non-structural |
200 | Deferred Profit-Sharing Plans | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Retirement | Non-structural |
201 | Partial inclusion of U.S. Social Security benefits | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Retirement | Non-structural |
202 | Pension Income Credit | PIT | 1,100 | 1,135 | 1,170 | 1,190 | 1,225 | 1,265 | 1,305 | 1,340 | Tax expenditures | Retirement | Non-structural |
203 | Pension income splitting | PIT | 1,065 | 1,145 | 1,165 | 1,135 | 1,165 | 1,260 | 1,355 | 1,455 | Tax expenditures | Retirement | Non-structural |
204 | Pooled Registered Pension Plans | PIT | – | – | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Retirement | Non-structural |
205 | Registered Pension Plans | PIT | 20,590 | 24,435 | 24,090 | 25,830 | 27,480 | 27,590 | 28,950 | 30,440 | Tax expenditures | Retirement | Non-structural |
206 | Registered Retirement Savings Plans | PIT | 13,435 | 15,700 | 14,915 | 15,565 | 16,800 | 16,390 | 16,900 | 17,515 | Tax expenditures | Retirement | Non-structural |
207 | Saskatchewan Pension Plan | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Retirement | Non-structural |
208 | $200 capital gains exemption on foreign exchange transactions | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Structural |
209 | Capital gains exemption on personal-use property | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Structural |
210 | Capital gains exemption on personal-use property | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Structural |
211 | Tax treatment of investment income from life insurance policies | PIT | 270 | 255 | 220 | 205 | 225 | 230 | 245 | 260 | Tax expenditures | Savings and investment | Structural |
212 | Taxation of capital gains upon realization | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Structural |
213 | Taxation of capital gains upon realization | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Structural |
214 | Labour-Sponsored Venture Capital Corporations Credit | PIT | 145 | 125 | 90 | 145 | 150 | 155 | 160 | 170 | Tax expenditures | Savings and investment | Non-structural |
215 | Non-taxation of capital dividends | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Non-structural |
216 | Non-taxation of capital dividends | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Savings and investment | Non-structural |
217 | Partial inclusion of capital gains | PIT | 4,115 | 5,580 | 5,730 | 6,250 | 8,575 | 7,455 | 7,845 | 8,250 | Tax expenditures | Savings and investment | Non-structural |
218 | Partial inclusion of capital gains | CIT | 4,550 | 5,395 | 6,205 | 6,660 | 10,005 | 8,660 | 8,835 | 8,965 | Tax expenditures | Savings and investment | Non-structural |
219 | Tax-Free Savings Account | PIT | 425 | 565 | 635 | 810 | 1,030 | 1,010 | 1,160 | 1,315 | Tax expenditures | Savings and investment | Non-structural |
220 | Age Credit | PIT | 2,890 | 3,025 | 3,170 | 3,335 | 3,440 | 3,620 | 3,815 | 4,025 | Tax expenditures | Social | Non-structural |
221 | Deduction for clergy residence | PIT | 85 | 90 | 90 | 95 | 95 | 100 | 100 | 100 | Tax expenditures | Social | Non-structural |
222 | Exemption from GST and rebate for legal aid services | GST | 30 | 35 | 35 | 35 | 35 | 40 | 40 | 40 | Tax expenditures | Social | Non-structural |
223 | Exemption from GST for ferry, road and bridge tolls | GST | 10 | 10 | 10 | 10 | 10 | 15 | 15 | 15 | Tax expenditures | Social | Non-structural |
224 | Exemption from GST for municipal transit | GST | 185 | 190 | 190 | 190 | 200 | 210 | 220 | 225 | Tax expenditures | Social | Non-structural |
225 | Exemption from GST for water, sewage and basic garbage collection services | GST | 235 | 245 | 260 | 270 | 285 | 295 | 310 | 320 | Tax expenditures | Social | Non-structural |
226 | Political Contribution Tax Credit | PIT | 25 | 30 | 55 | 25 | 25 | 25 | 45 | 25 | Tax expenditures | Social | Non-structural |
227 | Search and Rescue Volunteers Tax Credit | PIT | – | 2 | 2 | 2 | 2 | 2 | 2 | 2 | Tax expenditures | Social | Non-structural |
228 | Tax-free amount for emergency services volunteers | PIT | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | Tax expenditures | Social | Non-structural |
229 | Volunteer Firefighters Tax Credit | PIT | 15 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | Tax expenditures | Social | Non-structural |
230 | Zero-rating of basic groceries | GST | 3,895 | 4,080 | 4,235 | 4,380 | 4,550 | 4,720 | 4,885 | 4,950 | Tax expenditures | Social | Non-structural |
231 | Non-taxation of personal property of status Indians and Indian bands situated on reserve | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Other | Non-structural |
232 | Non-taxation of personal property of status Indians and Indian bands situated on reserve | GST | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax expenditures | Other | Non-structural |
233 | Non-capital loss carry-overs | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax measures other than tax expenditures | Business - other | Structural |
234 | Non-capital loss carry-overs | CIT | 7,310 | 7,210 | 6,715 | 7,105 | 7,310 | 7,830 | 7,410 | 7,275 | Tax measures other than tax expenditures | Business - other | Structural |
235 | Partial deduction of and partial input tax credits for meals and entertainment | PIT | 200 | 200 | 210 | 215 | 215 | 220 | 225 | 225 | Tax measures other than tax expenditures | Business - other | Structural |
236 | Partial deduction of and partial input tax credits for meals and entertainment | CIT | 275 | 295 | 295 | 310 | 330 | 345 | 320 | 315 | Tax measures other than tax expenditures | Business - other | Structural |
237 | Partial deduction of and partial input tax credits for meals and entertainment | GST | 160 | 165 | 170 | 175 | 185 | 190 | 195 | 200 | Tax measures other than tax expenditures | Business - other | Structural |
238 | Patronage dividend deduction | CIT | 220 | 220 | 170 | 155 | 195 | 205 | 190 | 190 | Tax measures other than tax expenditures | Business - other | Structural |
239 | Non-taxation of strike pay | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax measures other than tax expenditures | Employment | Structural |
240 | Tax treatment of Canada Pension Plan and Quebec Pension Plan contributions and benefits | PIT | 8,895 | 9,270 | 9,810 | 9,610 | 9,950 | 10,240 | 10,655 | 11,050 | Tax measures other than tax expenditures | Employment | Structural |
241 | Tax treatment of Employment Insurance and Quebec Parental Insurance Plan premiums and benefits | PIT | 3,800 | 3,970 | 4,220 | 4,215 | 3,795 | 3,960 | 4,020 | 4,150 | Tax measures other than tax expenditures | Employment | Structural |
242 | Non-taxation of lottery and gambling winnings | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax measures other than tax expenditures | Intergovernmental tax arrangements | Structural |
243 | Quebec Abatement | PIT | 4,130 | 4,270 | 4,440 | 4,480 | 4,755 | 5,055 | 5,270 | 5,455 | Tax measures other than tax expenditures | Intergovernmental tax arrangements | Structural |
244 | Transfer of income tax points to provinces | PIT | 20,155 | 21,120 | 22,600 | 21,875 | 23,500 | 25,050 | 26,200 | 27,245 | Tax measures other than tax expenditures | Intergovernmental tax arrangements | Structural |
245 | Transfer of income tax points to provinces | CIT | 2,655 | 2,855 | 2,850 | 3,000 | 3,295 | 3,505 | 3,665 | 3,720 | Tax measures other than tax expenditures | Intergovernmental tax arrangements | Structural |
246 | Foreign tax credit for individuals | PIT | 970 | 1,205 | 1,445 | 1,590 | 1,600 | 1,620 | 1,640 | 1,660 | Tax measures other than tax expenditures | International | Structural |
247 | Capital loss carry-overs | PIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax measures other than tax expenditures | Savings and investment | Structural |
248 | Capital loss carry-overs | CIT | 640 | 795 | 840 | 600 | 565 | 660 | 665 | 670 | Tax measures other than tax expenditures | Savings and investment | Structural |
249 | Deduction of interest and carrying charges incurred to earn investment income | PIT | 1,190 | 1,295 | 1,385 | 1,455 | 1,645 | 1,745 | 1,840 | 1,925 | Tax measures other than tax expenditures | Savings and investment | Structural |
250 | Deduction of interest and carrying charges incurred to earn investment income | CIT | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | Tax measures other than tax expenditures | Savings and investment | Structural |
251 | Dividend gross-up and tax credit | PIT | 5,055 | 4,655 | 5,780 | 4,475 | 5,345 | 5,415 | 5,340 | 5,650 | Tax measures other than tax expenditures | Savings and investment | Structural |
252 | Investment corporation deduction | CIT | S | S | S | S | S | S | S | S | Tax measures other than tax expenditures | Savings and investment | Structural |
253 | Refundable capital gains tax for investment and mutual fund corporations | CIT | 220 | 535 | 960 | 855 | 1,230 | 975 | 1,040 | 1,040 | Tax measures other than tax expenditures | Savings and investment | Structural |
254 | Credit for the Basic Personal Amount | PIT | 31,055 | 32,010 | 33,345 | 33,910 | 34,975 | 35,955 | 37,185 | 38,410 | Tax measures other than tax expenditures | Other | Structural |
255 | Non-taxation of payments to Canadian Armed Forces members and veterans in respect of pain and suffering | PIT | 115 | 115 | 155 | 170 | 345 | 345 | 250 | 170 | Tax measures other than tax expenditures | Other | Structural |
256 | Refundable taxes on investment income of private corporations | CIT | 1 | -720 | -350 | -1,290 | -1,925 | -2,030 | -2,090 | -2,180 | Tax measures other than tax expenditures | Other | Structural |
257 | Special tax computation for certain retroactive lump-sum payments | PIT | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | Tax measures other than tax expenditures | Other | Structural |
258 | Atlantic Investment Tax Credit (refundable portion) | CIT | 15 | 15 | 20 | 20 | 20 | 25 | 25 | 25 | Refundable tax credits classified as transfer payments | Business - other | N/A |
259 | Canada Child Tax Benefit | PIT | 10,400 | 10,370 | 10,510 | 3,240 | – | – | – | – | Refundable tax credits classified as transfer payments | Families and households | N/A |
260 | Canada Child Benefit | PIT | – | – | – | 16,860 | 23,420 | 23,900 | 24,200 | 24,700 | Refundable tax credits classified as transfer payments | Families and households | N/A |
261 | Canadian Film or Video Production Tax Credit | CIT | 250 | 255 | 265 | 280 | 305 | 320 | 330 | 340 | Refundable tax credits classified as transfer payments | Arts and culture | N/A |
262 | Children’s Fitness Tax Credit | PIT | – | – | 210 | 145 | – | – | – | – | Refundable tax credits classified as transfer payments | Health | N/A |
263 | Film or Video Production Services Tax Credit | CIT | 90 | 135 | 155 | 220 | 270 | 285 | 295 | 305 | Refundable tax credits classified as transfer payments | Arts and culture | N/A |
264 | Refundable Medical Expense Supplement | PIT | 140 | 145 | 150 | 155 | 160 | 165 | 170 | 175 | Refundable tax credits classified as transfer payments | Employment | N/A |
265 | Scientific Research and Experimental Development Investment Tax Credit (refundable portion) | CIT | 1,345 | 1,275 | 1,280 | 1,280 | 1,275 | 1,365 | 1,400 | 1,460 | Refundable tax credits classified as transfer payments | Business - research and development | N/A |
266 | Teacher and Early Childhood Educator School Supply Tax Credit | PIT | – | – | – | 3 | 4 | 5 | 5 | 5 | Refundable tax credits classified as transfer payments | Employment | N/A |
267 | Working Income Tax Benefit | PIT | 1,180 | 1,165 | 1,160 | 1,185 | 1,160 | 1,160 | - | - | Refundable tax credits classified as transfer payments | Employment | N/A |
268 | Canada Workers Benefit | PIT | – | – | – | – | – | – | 2,100 | 2,100 | Refundable tax credits classified as transfer payments | Employment | N/A |
Federal Revenues, Fiscal Year 2017–18
Revenues (billions of dollars) |
Share of total revenues (%) |
Share of gross domestic product (%) |
|
---|---|---|---|
Personal income taxes | 153.6 | 49.0 | 7.2 |
Corporate income taxes | 47.8 | 15.2 | 2.2 |
Non-resident withholding taxes | 7.8 | 2.5 | 0.4 |
Goods and Services Tax | 36.8 | 11.7 | 1.7 |
Other excise duties and taxes | 17.1 | 5.5 | 0.8 |
|
|||
Total tax revenues | 263.1 | 83.9 | 12.3 |
Non-tax revenues | 50.5 | 16.1 | 2.4 |
|
|||
Total revenues | 313.6 | 100.0 | 14.7 |
Federal Personal Income Tax Brackets and Rates, Tax Filers and Taxes Paid, 2016
Tax Brackets | Tax Filers | Taxes Paid | ||||
---|---|---|---|---|---|---|
|
|
|
||||
Income range | Rate | Number (millions) |
Share (%) |
Amount (billions of dollars) |
Share (%) |
|
First bracket | Under $45,282 | 15% | 8.5 | 31 | 15.7 | 12 |
Second bracket | $45,282 - $90,563 | 20.5% | 6.8 | 25 | 47.0 | 36 |
Third bracket | $90,563 - $140,388 | 26% | 1.5 | 5 | 24.4 | 19 |
Fourth bracket | $140,388 - $200,000 | 29% | 0.4 | 2 | 12.1 | 9 |
Fifth bracket | Over $200,000 | 33% | 0.3 | 1 | 30.8 | 24 |
Taxable filers | 17.5 | 64 | 130.0 | 100 | ||
Non-taxable filers | 9.9 | 36 | ||||
All tax filers | 27.4 | 100 |
Federal Corporate Taxable Income, Number of Corporations and Taxes Paid (Corporations With Positive Taxable Income), 2016
Taxable Income | Corporations Reporting Income | Taxes Paid | ||||
---|---|---|---|---|---|---|
|
|
|
||||
Amount (billions of dollars) |
Share (%) |
Number (thousands) |
Share (%) |
Amount (billions of dollars) |
Share (%) |
|
Canadian-controlled private corporations | 174.2 | 55 | 937.9 | 98 | 22.4 | 53 |
Business income taxed at the preferential tax rate for small businesses | 81.8 | 26 | 740.4 | 80 | ||
Other business income taxed at the general rate | 69.4 | 22 | 104.4 | 11 | ||
Other income | 23.0 | 7 | 310.1 | 32 | ||
Other corporations | 141.0 | 45 | 19.7 | 2 | 20.2 | 47 |
Business income taxed at the general rate | 137.1 | 43 | 19.3 | 2 | ||
Other income | 3.8 | 1 | 9.5 | 1 | ||
Total | 315.2 | 100 | 957.6 | 100 | 42.6 | 100 |
New tax measures were introduced and others modified since the last edition of this report. Proposed changes affecting tax expenditures in this report are described below. As this report considers tax expenditures as of December 31, 2018, changes announced in Budget 2019 are not listed below or taken into account in the estimates and projections.
The Working Income Tax Benefit (WITB) is a refundable tax credit that supplements the earnings of low-income workers. Budget 2018 introduced the new Canada Workers Benefit (CWB), which will replace the WITB beginning in 2019. The CWB is a more generous and more accessible benefit that will supplement the earnings of low-income workers and encourage more people to join or stay in the workforce. The maximum benefit under the CWB will be increased by up to $170 relative to the WITB, and the income level at which the benefit is phased out completely will also be higher. The enhanced benefit will equal 26% of each dollar of earned income in excess of $3,000 to a maximum credit of $1,355 for single individuals without dependants and $2,335 for families (couples and single parents) in 2019. The CWB will be phased out at a rate of 12% of each dollar of adjusted net income above thresholds of $12,820 for single individuals without dependants and $17,025 for families in 2019. In addition, enhancements to the new CWB will ensure that all tax filers eligible for the benefit will receive it, even if they do not claim it.
Indexation of the Canada Child Benefit
As of July 2018, the maximum benefit amounts and phase-out thresholds of the Canada Child Benefit, which provides support to families with children under 18, are indexed to inflation. As a result, the maximum benefit amounts provided under the Canada Child Benefit were increased to $6,496 from $6,400 per child under the age of 6, and to $5,481 from $5,400 per child aged 6 through 17, for the 2018-19 benefit year.
Retroactive Eligibility of Foreign-Born Status Indians
Budget 2016 established eligibility for the Canada Child Benefit to include foreign-born status Indians residing legally in Canada who are neither Canadian citizens nor permanent residents, where all other eligibility requirements are met, consistent with other federal benefits. These individuals were not eligible under the previous system of child benefits. As of July 2018, such individuals are retroactively eligible for the Canada Child Tax Benefit, the National Child Benefit supplement and the Universal Child Care Benefit, where all other eligibility requirements are met.
This measure applies from the 2005 taxation year to June 30, 2016.
The Medical Expense Tax Credit is a 15% non-refundable tax credit for certain itemizable, above-average medical or disability-related expenses. Budget 2018 announced an expansion of the credit to recognize costs incurred in respect of an animal specifically trained to perform tasks for a patient with a severe mental impairment in order to assist them in coping with their impairment (e.g., a psychiatric service dog trained to assist with post-traumatic stress disorder).
This measure applies in respect of eligible expenses incurred after 2017.
The Mineral Exploration Tax Credit is a reduction in tax, available to individuals who invest in flow-through shares, equal to 15% of specified mineral exploration expenses incurred in Canada and transferred to flow-through share investors. The credit was introduced on a temporary basis in 2000 and has generally been extended on an annual basis since then.
Budget 2018 announced an extension of the credit for an additional year, to flow-through share agreements entered into on or before March 31, 2019. Subsequently, as part of the 2018 Fall Economic Statement, the Government announced its intention to extend the credit for an additional five years, until March 31, 2024. Under the one-year "look-back" rule, funds raised with the benefit of the credit in 2024, for example, can be spent on eligible exploration up to the end of 2025.
As part of the Canada Pension Plan (CPP) Enhancement announced in 2016, the Income Tax Act was amended to provide a tax deduction on employee contributions to the enhanced portion of the CPP. To provide consistent income tax treatment of contributions to the CPP and the Quebec Pension Plan (QPP), Budget 2018 announced that a tax deduction will be provided on employee contributions to the enhanced portion of the QPP. A tax credit will continue to be provided on employee contributions to the base CPP and QPP. Contributions to the enhanced portion of the CPP and QPP will commence in 2019.
Budget 2018 extended the accelerated capital cost allowance for clean energy equipment under Class 43.2, which provides accelerated tax depreciation for clean energy generation and energy conservation equipment, to property acquired before 2025.
The 2018 Fall Economic Statement announced the Government's intention to introduce full expensing for clean energy equipment. This measure provides an enhanced first-year allowance for property currently eligible for the accelerated capital cost allowance for clean energy equipment under Class 43.1 or 43.2, with limited restrictions, if it is acquired after November 20, 2018 and becomes available for use before 2028. The enhanced allowance will initially provide a 100-per-cent deduction, with a phase-out for property that becomes available for use after 2023. The half-year rule will effectively be suspended for property eligible for this measure.
The 2018 Fall Economic Statement announced the Government's intention to introduce full expensing for manufacturing and processing machinery and equipment. This measure provides an enhanced first-year allowance for property currently eligible for the accelerated capital cost allowance for manufacturing and processing machinery and equipment under Class 53, with limited restrictions, if it is acquired after November 20, 2018 and becomes available for use before 2028. The enhanced allowance provides a 100-per-cent deduction, with a phase-out for property that becomes available for use after 2023. The half-year rule will effectively be suspended for property eligible for this measure.
The 2018 Fall Economic Statement announced the Government's intention to introduce the Accelerated Investment Incentive, which will provide an enhanced first-year deduction for tax depreciation equal to up to three times the amount that would otherwise apply in the year an asset is put in use. The Accelerated Investment Incentive will apply to all capital property, with limited restrictions. The Accelerated Investment Incentive is available for property acquired after November 20, 2018 and that becomes available for use before 2028, subject to a phase-out for property that becomes available for use after 2023.
Budget 2018 announced limits on the ability of businesses with more than $50,000 in passive income in a year to benefit from the preferential small business rate. For tax years beginning after 2018, the measure reduces the small business deduction limit, using a straight-line basis, by $5 for every $1 of investment income exceeding the $50,000 threshold, such that the business limit will be reduced to zero at $150,000 of investment income.
Budget 2018 announced that Canadian-controlled private corporations would no longer be able to obtain refunds of taxes paid on investment income while distributing dividends from income taxed at the general corporate rate. Existing Refundable Dividend Tax on Hand balances, subject to certain limitations, are not affected by the measure. This measure applies with respect to tax years beginning after 2018.
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