Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$69,936
Federal tax deduction
- $10,715
Provincial tax deduction
- $6,548
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,716
Net pay
* $48,220
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$48,220
Net pay
$4,834
Tax the employer pays
$21,716
Tax you pay
Total tax paid
$26,549
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $69,936. In other words, every time you spend $10 of your hard-earned money, $3.80 goes to the government.
Real tax rate
35.5%
So, with you and the employer both paying tax, what used to be a 31.1% tax rate now rises to 35.5%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make $69,936 a year living in the region of Alberta, Canada, you will be taxed $21,716. That means that your net pay will be $48,220 per year, or $4,018 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 51,487
26.4%
1
British Columbia
CAD 50,746
27.4%
2
Northwest Territories
CAD 50,244
28.2%
3
Yukon
CAD 50,147
28.3%
4
Ontario
CAD 49,889
28.7%
5
Alberta
CAD 48,220
31.1%
6
Saskatchewan
CAD 47,429
32.2%
7
New Brunswick
CAD 47,256
32.4%
8
Newfoundland and Labrador
CAD 47,286
32.4%
9
Quebec
CAD 47,188
32.5%
10
Manitoba
CAD 47,004
32.8%
11
Prince Edward Island
CAD 46,660
33.3%
12
Nova Scotia
CAD 46,343
33.7%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,059
21.3%
1
Canada
CAD 49,889
28.7%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 66,439
5.0%
1
Qatar
CAD 66,439
5.0%
2
Bahrain
CAD 64,341
8.0%
3
Oman
CAD 64,341
8.0%
4
Saudi Arabia
CAD 62,942
10.0%
5
Kuwait
CAD 62,243
11.0%
6
Israel
CAD 54,780
21.7%
7
Egypt
CAD 52,837
24.5%
8
Lebanon
CAD 52,716
24.6%
9
Turkey
CAD 40,998
41.4%
10
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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.