The Canadian Tax System – A Video Introduction from Canada Revenue Agency

Settlement ISC Community

This is a video introduction provided by Canada Revenue Agency. It provides newcomers to Canada with general information on the of the Canadian tax system.

In this video, the expert answered following questions:

  1. Why do we pay taxes in Canada?
  2. What kinds of taxes there are in Canada?
  3. Which taxes do the federal, provincial, and territorial governments collect?
  4. Are there any other taxes that the CRA collects on behalf of the federal government?
  5. Who pays taxes in Canada?
  6. What types of income are taxable?
  7. Is my employer responsible for some deductions, for instance, Canada Pension Plan, employment insurance premiums etc.?
  8. How do I know how much has been deducted from my pay throughout the year?