Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$69,004
Federal tax deduction
- $10,524
Provincial tax deduction
- $6,455
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,432
Net pay
* $47,572
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$47,572
Net pay
$4,834
Tax the employer pays
$21,432
Tax you pay
Total tax paid
$26,265
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $69,004. In other words, every time you spend $10 of your hard-earned money, $3.81 goes to the government.
Real tax rate
35.6%
So, with you and the employer both paying tax, what used to be a 31.1% tax rate now rises to 35.6%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $69,004 a year living in the region of Alberta, Canada, you will be taxed $21,432. That means that your net pay will be $47,572 per year, or $3,964 per month. Your average tax rate is 31.1% and your marginal tax rate is 30.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $30.50, hence, your net pay will only increase by $69.50.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,475 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 50,811
26.4%
1
British Columbia
CAD 50,077
27.4%
2
Northwest Territories
CAD 49,583
28.1%
3
Yukon
CAD 49,490
28.3%
4
Ontario
CAD 49,234
28.7%
5
Alberta
CAD 47,572
31.1%
6
Saskatchewan
CAD 46,805
32.2%
7
New Brunswick
CAD 46,653
32.4%
8
Newfoundland and Labrador
CAD 46,680
32.4%
9
Quebec
CAD 46,606
32.5%
10
Manitoba
CAD 46,381
32.8%
11
Prince Edward Island
CAD 46,074
33.2%
12
Nova Scotia
CAD 45,757
33.7%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 60,033
13.0%
1
Switzerland
CAD 58,384
15.4%
2
Hungary
CAD 56,238
18.5%
3
Ukraine
CAD 55,548
19.5%
4
United Kingdom
CAD 53,546
22.4%
5
Czech Republic
CAD 52,866
23.4%
6
France
CAD 52,696
23.6%
7
Ireland
CAD 52,557
23.8%
8
Norway
CAD 51,403
25.5%
9
Spain
CAD 49,689
28.0%
10
Luxembourg
CAD 48,251
30.1%
11
Sweden
CAD 47,816
30.7%
12
Austria
CAD 47,470
31.2%
13
Denmark
CAD 46,483
32.6%
14
Greece
CAD 45,090
34.7%
15
Poland
CAD 43,561
36.9%
16
Germany
CAD 43,556
36.9%
17
Netherlands
CAD 43,425
37.1%
18
Finland
CAD 41,264
40.2%
19
Italy
CAD 40,679
41.1%
20
Romania
CAD 40,367
41.5%
21
Portugal
CAD 39,225
43.2%
22
Belgium
CAD 33,411
51.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 54,370
21.2%
1
Canada
CAD 49,234
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 61,850
10.4%
1
Taiwan
CAD 59,607
13.6%
2
Thailand
CAD 56,898
17.5%
3
Kazakhstan
CAD 55,529
19.5%
4
South Korea
CAD 55,430
19.7%
5
Australia
CAD 53,906
21.9%
6
New Zealand
CAD 52,811
23.5%
7
Singapore
CAD 52,725
23.6%
8
Indonesia
CAD 51,795
24.9%
9
Pakistan
CAD 51,085
26.0%
10
Japan
CAD 50,989
26.1%
11
Malaysia
CAD 49,883
27.7%
12
Philippines
CAD 49,102
28.8%
13
Vietnam
CAD 47,140
31.7%
14
China
CAD 45,389
34.2%
15
India
CAD 42,420
38.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 62,156
9.9%
1
Costa Rica
CAD 57,383
16.8%
2
Puerto Rico
CAD 57,354
16.9%
3
Chile
CAD 56,987
17.4%
4
Ecuador
CAD 54,556
20.9%
5
Panama
CAD 54,502
21.0%
6
Colombia
CAD 52,652
23.7%
7
Peru
CAD 51,609
25.2%
8
Brazil
CAD 50,810
26.4%
9
Mexico
CAD 50,282
27.1%
10
Uruguay
CAD 46,973
31.9%
11
Argentina
CAD 44,843
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 50,442
26.9%
1
South Africa
CAD 49,219
28.7%
2
Kenya
CAD 49,009
29.0%
3
Mozambique
CAD 47,933
30.5%
4
Nigeria
CAD 47,110
31.7%
5
Ghana
CAD 47,036
31.8%
6
Ivory Coast
CAD 45,702
33.8%
7
Morocco
CAD 44,963
34.8%
8
Cameroon
CAD 43,730
36.6%
9
Senegal
CAD 42,996
37.7%
10
Uganda
CAD 42,929
37.8%
11
Zambia
CAD 42,844
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 65,554
5.0%
1
Qatar
CAD 65,554
5.0%
2
Bahrain
CAD 63,484
8.0%
3
Oman
CAD 63,484
8.0%
4
Saudi Arabia
CAD 62,104
10.0%
5
Kuwait
CAD 61,414
11.0%
6
Israel
CAD 54,124
21.6%
7
Egypt
CAD 52,138
24.4%
8
Lebanon
CAD 52,017
24.6%
9
Turkey
CAD 40,456
41.4%
10
Show more
NOTE* Withholding is calculated based on the Alberta tables of Canada, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.