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Advance Financial 24/7 Reviews

Profits In Comparison To 2017–18

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 %, driven by high work and a labour market that is strong.
  • Business tax profits increased by $billion, or %, showing development in business earnings in many sectors including finance, production and wholesale trade.
  • Non-resident tax revenues are compensated by non-residents on Canadian-sourced earnings.