Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,169
Federal tax deduction
- $10,148
Provincial tax deduction
- $3,088
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $17,688
Net pay
* $49,481
Marginal tax rate
27.5%
Average tax rate
26.3%
73.7%
Net pay
26.3%
Total tax
Total tax
Net pay
The Taxberg
$49,481
Net pay
$4,834
Tax the employer pays
$17,688
Tax you pay
Total tax paid
$22,522
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,169. In other words, every time you spend $10 of your hard-earned money, $3.35 goes to the government.
Real tax rate
31.3%
So, with you and the employer both paying tax, what used to be a 26.3% tax rate now rises to 31.3%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $67,169 a year living in the region of Nunavut, Canada, you will be taxed $17,688. That means that your net pay will be $49,481 per year, or $4,123 per month. Your average tax rate is 26.3% and your marginal tax rate is 27.5%. 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 $27.50, hence, your net pay will only increase by $72.50.
Bonus Example
A $1,000 bonus will generate an extra $725 of net incomes. A $5,000 bonus will generate an extra $3,625 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,481
26.3%
1
British Columbia
CAD 48,759
27.4%
2
Northwest Territories
CAD 48,282
28.1%
3
Yukon
CAD 48,196
28.2%
4
Ontario
CAD 47,943
28.6%
5
Alberta
CAD 46,297
31.1%
6
Saskatchewan
CAD 45,575
32.1%
7
New Brunswick
CAD 45,466
32.3%
8
Newfoundland and Labrador
CAD 45,488
32.3%
9
Quebec
CAD 45,460
32.3%
10
Manitoba
CAD 45,157
32.8%
11
Prince Edward Island
CAD 44,922
33.1%
12
Nova Scotia
CAD 44,604
33.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,013
21.1%
1
Canada
CAD 47,943
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,341
10.2%
1
Taiwan
CAD 58,168
13.4%
2
Thailand
CAD 55,522
17.3%
3
South Korea
CAD 54,120
19.4%
4
Kazakhstan
CAD 54,042
19.5%
5
Australia
CAD 52,704
21.5%
6
New Zealand
CAD 51,608
23.2%
7
Singapore
CAD 51,384
23.5%
8
Indonesia
CAD 50,549
24.7%
9
Pakistan
CAD 49,892
25.7%
10
Japan
CAD 49,726
26.0%
11
Malaysia
CAD 48,700
27.5%
12
Philippines
CAD 47,903
28.7%
13
Vietnam
CAD 45,948
31.6%
14
China
CAD 44,125
34.3%
15
India
CAD 41,378
38.4%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,811
5.0%
1
Qatar
CAD 63,811
5.0%
2
Bahrain
CAD 61,795
8.0%
3
Oman
CAD 61,795
8.0%
4
Saudi Arabia
CAD 60,452
10.0%
5
Kuwait
CAD 59,780
11.0%
6
Israel
CAD 52,832
21.3%
7
Egypt
CAD 50,762
24.4%
8
Lebanon
CAD 50,640
24.6%
9
Turkey
CAD 39,387
41.4%
10
Show more
NOTE* Withholding is calculated based on the Nunavut 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.