Northern Ontario, Canada 2025-2090+

BENNETT - ONTARIO CANADA 

Northern Ontario Canada

www.sydneys.space (not .com)

 

CANADIAN BIRTH CITY + AREA   

I, Dr Nic Bennett - Sydney Nicola Bennett am in Northern Ontario, North Bay & area since November 1, 2023 & still now August 9, 2024

Despite looking at international options I am likely going to just stay in Northern Ontario now as my Canadian birth - Canadian Citizenship is intact & I can just purchase myself a couple of properties to focus on my research, manufacturing, projects & productions

REQUIREMENTS

4 Properties + Banking Sorted   

Banking + Wealth Management 

A slight alteration to my Personal & CIG Canadian - International investments + Wealth Management accounts connected to Calgary, Saskatoon & International options falling within tax requirements 

Shipping + Supplies 

Toronto shipping options to Northern Ontario for any domestic or import supplies 

A Personal Micro Commercial Facility 

A research, manufacturing & project - production facility with security connected to international CIG options 

Access to a Lake, Airstrip + Off-Roading & Private On-Road testing of designs 

Private Residences 

Lake House - with Private Beach

Acerage for safe off-roading

WORKFORCE

Partial automation then contract & regular skilled workers under Ontario, Government rules & legislation for the Micro-Facility 

A PRIVATE CLUB

A production club - live facility for different events with screened interests as a 4th property
  

MEDICAL + DENTAL OPTIONS

Basic options in North Bay - Sudbury for medical - dental options including medication then group benefits 

INSURANCE 

Basic options in North Bay - Sudbury for property & vehicle then businness & commercial insurance options including security with a structured efforts  

BUSINNESS & BRANDING 

K.S - S.B - CIG

Cypress Motors & Research + Manufacturing with connected portfolio 

Earth 2.0 integration with all areas described in the H.I.3 Case 

Operating under a Small Local Corporation connected to the international CIG - Banking Cartel portfolios 

US $10 Billion connected to US $100+ Billion for the project for the "Bennett Ranch" plan in an alternative set-up

Privately Held connected to a larger group of Privately Held & Publicly Traded investments + Corporate structures 

 

PERSONAL TO

Personal Internal - External Wealth Management of Dr Nic Bennett - Sydney Nicola Bennett

CIG Internal - External Wealth Management of Dr Nic Bennett - Sydney Nicola Bennett


CORPORATE CIG

Canadian connected to international

CIG Internal - External Wealth Management

PRODUCTION OUTPUT

Digital + physical product units & services for Ontario & Canada wide markets then US - International 

Motor vehicles
Marine vehicles
Avaiation applications

Recreational Powersports 

Process

Design & Manufacturing:

Design & Manufacturing with open sourced alongside patent, copyright & trademark parts & designs

Advanced 3D print compsct efficient assembly lines 

Retail sales:

In-house & collaborative local options in Northern Ontario then Partner Canada wide + international

Digital + international market access

Used + oldstock market sales options

PERSONAL + BUSINESS TAXATION

Import taxes on personal & business related items then export versus import & export fees on financials on domestic versus international investments 

Personal. Corporate. Import-export. Insurance. Security. Contract + Regular Employees. Taxation

Property tax

City of Toronto as guideline despite all areas being slightly different in rates

Commercial property & building tax rate 2.228677%

Residential property & building tax rate 0.715289%

Farmland property & building tax rate 0.178823%

https://www.toronto.ca/services-payments/property-taxes-utilities/property-tax/property-tax-rates-and-fees/

Capital Gains tax 

Currently, you pay tax on 50% of your capital gains, no matter what your total gains are. As of June 25, 2024, however, you will be taxed on 50% of your annual capital gains up to $250,000. For any capital gains over $250,000, that ratio increases to two-thirds, or approximately 66.67%. Here’s how that would look in real life: Suppose one year you sell stocks for $300,000 more than you paid for them. 50% of the first $250,000 of those gains ($125,000) would be taxed as income. 66.67% of the remaining $50,000 ($33,335) would be taxed as well. So on the $300,000 gain, only $158,335 counts toward your taxable income

For corporations and trusts, there’s no such threshold: regardless of the total capital gains, 66.67% are taxable. So in that same example, if a trust made $300,000 selling stocks for the year, 66.67% of that $300,000 ($200,000) would be taxed

https://www.canada.ca/en/department-finance/news/2024/06/capital-gains-inclusion-rate.html

Goods & Sales tax

13% flat rate 

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/charge-collect-which-rate/calculator.html

Income Tax Ontario

Amounts earned up to $51,446 are taxed at 5.05%.

Amounts above $51,446 up to $102,894 are taxed at 9.15%.

Amounts $102,894 up to $150,000, the rate is 11.16%.

Earnings $150,000 up to $220,000 the rates are 12.16%.

Finally, earnings above $220,000 will be taxed at a rate of 13.16%.

https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html

Provincial + Federal Tax Rate - Corporations

Ontario tax 11.5%

Federal tax rate 38%

The basic rate of Part I tax is 38% of your taxable income, 28% after federal tax abatement. After the general tax reduction, the net tax rate is 15%. For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 9%

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-tax-rates.html#:~:text=The%20basic%20rate%20of%20Part,net%20tax%20rate%20is%209%25.

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-tax-rates.html

https://www.ontario.ca/document/corporations-tax/corporate-income-tax

Import - Export Fees to Toronto

Delivery to destination & from to Toronto for export separate above

https://www.international.gc.ca/controls-controles/about-a_propos/impor/imp_fees-droits-imp.aspx?lang=eng

Ontario Canada - Business Registry 

https://www.ontario.ca/page/ontario-business-registry

AUDIT CONCLUSION

It is a higher cost in the Province of Ontario & Health - Dental Care is average yet lacking in some areas

In a Micro-Option it is feasible connecting to larger options within Canada & connecting to international investments

Canada especially Ontario taxation & fees are very high in comparison to global market options which requires a specific strategy to remain competitive on the global stage economically as an international Corporate option based in Ontario, Canada connected to international CIG partners  
  

Bevarian Sect - Banking Cartel