Page 116 - THE ONTARIO CURRICULUM, GRADES 11 AND 12 | Canadian and World Studies

Grade 12, Workplace Preparation
THE ONTARIO CURRICULUM, GRADES 11 AND 12 | Canadian and World Studies
How might this program contribute to individual and/or governmental financial stability?” “What is the government’s purpose in imposing higher tax rates on individuals with higher net incomes?”
B3.2 explain some of the ways in which different levels of government in Canada raise revenue (e.g., income tax, sales tax, GST/HST, property tax, excise tax, fees for some services), and analyse how and why they spend these revenues (e.g., on transit, garbage collection, parks and community centres, roads, education, health care, the military, Old Age Security, tax incentives for some environ- mental programs, incentives for industries/ corporations)
Sample questions: “What are some ways in which governments invest in infrastructure? Why are such investments important for the economy?” “What is the purpose of environ- mental tax incentives? Do you think they are effective at influencing people’s behaviour?” “What are some ways in which government spending affects your daily life?”
B3.3 analyse the contribution of taxation and government expenditures to socio-economic equality in Canada (e.g., with reference to pro- gressive income tax rates; use of revenues for both universal and means-tested social programs such as medicare, Old Age Security, social assistance)
Sample questions: “Why do governments tax some food products and not others?” “What role do tax dollars have in funding your school? Recreation centres in your community? Social assistance for those in need? What contribution do such expenditures make to socio-economic equality?”
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