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The district is the city's central business district. The economy of Toronto is the largest contributor to the Canadian economy, at 20% of the national GDP, and an important economic hub of the world. [1] Toronto is a commercial, distribution, financial and industrial centre. It is Canada's banking and stock exchange centre and is the country's ...
Power (Ontario) – began as one store in Toronto in 1904 by Samuel and Sarah Weinstein and sold to Loblaws in 1953 and re-branded in 1972; [37] SaveEasy (Atlantic Canada) - rebranded as Your Independent Grocer; Super Centre (Southern and Southwestern Ontario) – stores converted to other Loblaw's brands and some sold off
In 1996, three of the four Atlantic provinces—New Brunswick, Newfoundland and Labrador, and Nova Scotia—entered into an agreement with the Government of Canada to implement what was initially termed the "blended sales tax" (renamed to "harmonized sales tax") which would combine the 7% federal GST with the provincial sales taxes of those provinces; as part of this project, the PST portion ...
The RST was increased one point to 8% on July 1, 2013. It reverted to 7% as of July 1, 2019 and although it was planned to drop to 6% as of July 1, 2020 [3][4] due to the COVID-19 pandemic the province has deferred the reduction until further notice. [5] There is a 5% tax on lodging and 5% tax on hotel room fees.
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1] From 2003 to 2018, Canada saw an increase in home and property prices of up to ...
This is a list of the census metropolitan areas and agglomerations in Canada by population, using data from the 2021 Canadian census and the 2016 Canadian census. [1] Each entry is identified as a census metropolitan area (CMA) or a census agglomeration (CA) as defined by Statistics Canada.
Canada has one of the highest per-capita immigration rates in the world, [13] driven mainly by economic policy and, to a lesser extent, family reunification. [14] [15] In 2021, a total of 405,330 immigrants were admitted to Canada. New immigrants settle mostly in major urban areas such as Toronto, Montreal, and Vancouver. [16]
Highway 407. Former Highway 2 Former Highway 5. Website. www.burlington.ca. Burlington is a city and lower-tier municipality in Halton Region at the west end of Lake Ontario in Ontario, Canada. Located approximately halfway between Toronto and Niagara Falls, it is part of the Greater Toronto Area and the Hamilton census metropolitan area.
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