Total profits amounted to $332.2 billion in 2018–19, up $21.0 billion, or 6.7 percent, from 2017–18. The table that is following revenues for 2018–19 to 2017–18.
- Individual tax profits increased by $billion in 2018–19, or percent, driven by high work and a labour market that is strong.
- Business tax profits increased by $billion, or %, showing development in corporate profits in many different sectors including finance, production and trade that is wholesale.
- Non-resident tax profits are compensated by non-residents on Canadian-sourced earnings. These profits increased by $billion, or %, mainly showing development in business profits and dividends.
- Other fees and duties increased by $billion, or %. GST profits grew by $billion in 2018–19, or per cent, showing development in retail product product sales. Power fees grew by $billion, or percent, mainly as a result of greater aviation gas consumption in 2018–Customs import duties increased by $billion, or percent, mostly as a result of application of metal and aluminum tariffs that are retaliatory. Excluding the tariffs that are retaliatory traditions import duties grew by percent. Other excise fees and duties had been up $billion, or %, driven primarily by a rise in tobacco excise duties.
- EI premium profits increased by $billion, or percent. It was as a result of a rise in insurable profits plus in the premium price for 2018.
- Other profits increased by $billion, or percent, mostly showing a rise in interest and charges profits and a larger return on opportunities, both mostly as a result of greater interest levels.
The income ratio—revenues as a percentage of GDP—compares the sum total of all of the federal profits to how big the economy. This ratio is affected by alterations in statutory income tax rates and also by financial developments. The ratio endured at 15.0 percent in 2018–19 (up from 14.5 % in 2017–18). 继续阅读