CTF Releases New Year’s Tax Changes for 2014

First-time charitable donors get higher tax breaks

By Gregory Thomas—— Bio and Archives--December 30, 2013

Canadian News, Opinion | Comments | Back To Full Article

  • Employment Insurance ‘rate freeze’ means EI taxes to rise $54
  • CPP taxes going up $140
  • EI payroll taxes up 28 per cent since 2008
OTTAWA, ON: The Canadian Taxpayers Federation (CTF) has crunched the numbers and despite the federal government’s announcement that it’s freezing Employment Insurance taxes for three years, many Canadians’ paycheques will be getting smaller after January 1st as EI and Canada Pension Plan taxes go up.
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