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The Ontario Health Premium (OHP) is a component of Ontario's Personal Income Tax system. The OHP is based on taxable income for a taxation year. As of May 2010, an Ontario resident with taxable income (i.e., income after subtracting allowable deductions) of $21,000 pays $60 per year. With a taxable income of $22,000, the premium doubles to $120.
The Medical Services Plan of British Columbia ( MSP) is a government-administered, single-payer health insurance in the Canadian province of British Columbia, operating under the auspices of the country's national Medicare program. Under the Canadian constitution, provinces are responsible for the delivery of health care, while the national ...
A registered disability savings plan ( RDSP; French: Régime enregistré d'épargne invalidité) is a Government of Canada program designed to enable individuals with disabilities, with assistance from family and friends to save for their future financial security. The Government of Canada assists people to save with the Canada Disability ...
The Canada Pension Plan (CPP) forms the backbone of Canada's national retirement income system. All those employed aged 18 or older (and their employers) must contribute a portion of their income (matched by their employers) into the CPP or, for Quebec residents, the Quebec Pension Plan (QPP). In all provinces and territories except Quebec ...
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Canada is a federation composed of 10 federated states, called provinces, and three federal territories. In turn, these may be grouped into four main regions: Western Canada, Central Canada, Atlantic Canada, and Northern Canada ( Eastern Canada refers to Central Canada and Atlantic Canada together). [259]