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Profits In Comparison To 2017–18

Total profits amounted to $332.2 billion in 2018–19, up $21.0 billion, or 6.7 %, 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 business profits in many different sectors including finance, manufacturing and trade that is wholesale.
  • Non-resident tax profits are compensated by non-residents on Canadian-sourced earnings. These profits increased by $billion, or percent, mostly showing development in business profits and dividends.
  • Other fees and duties increased by $billion, or percent. Continue reading