Taxation

The cost of war

With the realization that Canada would face unprecedented spending demands, greater even than those faced in the First World War, one bank provided a sober analysis of the problem of growing war debt as it looked early in the Second World War.

View PDF: BNS War Debt.pdf

What's wrong with Canada's tax policy?

This address by G.S. Thorvaldson contrasted wartime, when taxation was a "patriotic duty," and peacetime, when it became "an economic and social problem." He made the case that big corporations stood to gain the most in both contexts.

View PDF: ITPA.pdf

Daniel McDonald, enemy alien?

During the First World War, the property of enemy aliens might be subject to seizure by the federal government - a possibility that generated extra work for the courts and the legal profession.

Income Tax, 1917

Originally presented as a temporary wartime measure, the Income War Tax Act of 1917 was viewed as a controversial measure at the time. This digest, offered by R. Easton Burns, a certified accountant, goes through the act clause-by-clause to discuss its full impact on Canadians.

Guides for individual taxpayers

These simple guides were intended to answer the standard questions posed by taxpayers: "Who Pays? How Much? When? Where? How?".

Four years of wartime income tax

Four years into the Second World War, the federal government had created a tax regime intended to help finance the war without throttling spending and investment.

Income tax at war's end

The most significant change from previous years was that the buidling housing the London office of the Inspector of Income Tax, once known as the Bell Building, had been renamed the Victory Building.

Basic tax form for London, Ontario

This simplified income tax form was intended for workers in lower income brackets and with limited investments.

Easy tax calculation

This simple table from 1942 indicated base rates of taxation for working Canadians with up to eight dependents.

Excess profits tax

During the Second World War, the federal government took a hard line on excess profits, in light of the controveries over profiteering that had swept Canada in the First World War.

Income tax for farmers and ranchers

Basic income tax forms have changed little over the years, although the Second World War brought some special new taxes and deductions.

View PDF: 1941-T1A.pdf