Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,004
Federal tax deduction
- $8,398
Provincial tax deduction
- $8,418
EI deduction
- $724
Quebec Pension Plan (QPP)
- $3,776
Quebec Parental Insurance Plan (QPIP)
- $331
Total tax
- $21,647
Net pay
* $45,357
Marginal tax rate
37.6%
Average tax rate
32.3%
67.7%
Net pay
32.3%
Total tax
Total tax
Net pay
The Taxberg
$45,357
Net pay
$5,253
Tax the employer pays
$21,647
Tax you pay
Total tax paid
$26,899
Did you know your employer also pays tax on your salary? It costs the employer $5,253 to pay you $67,004. In other words, every time you spend $10 of your hard-earned money, $4.01 goes to the government.
Real tax rate
37.2%
So, with you and the employer both paying tax, what used to be a 32.3% tax rate now rises to 37.2%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $67,004 a year living in the region of Quebec, Canada, you will be taxed $21,647. That means that your net pay will be $45,357 per year, or $3,780 per month. Your average tax rate is 32.3% and your marginal tax rate is 37.6%. 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 $37.55, hence, your net pay will only increase by $62.45.
Bonus Example
A $1,000 bonus will generate an extra $625 of net incomes. A $5,000 bonus will generate an extra $3,123 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,361
26.3%
1
British Columbia
CAD 48,641
27.4%
2
Northwest Territories
CAD 48,165
28.1%
3
Yukon
CAD 48,080
28.2%
4
Ontario
CAD 47,827
28.6%
5
Alberta
CAD 46,182
31.1%
6
Saskatchewan
CAD 45,465
32.1%
7
New Brunswick
CAD 45,359
32.3%
8
Newfoundland and Labrador
CAD 45,380
32.3%
9
Quebec
CAD 45,357
32.3%
10
Manitoba
CAD 45,046
32.8%
11
Prince Edward Island
CAD 44,818
33.1%
12
Nova Scotia
CAD 44,500
33.6%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,890
21.1%
1
Canada
CAD 47,827
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,205
10.2%
1
Taiwan
CAD 58,038
13.4%
2
Thailand
CAD 55,398
17.3%
3
South Korea
CAD 54,002
19.4%
4
Kazakhstan
CAD 53,909
19.5%
5
Australia
CAD 52,596
21.5%
6
New Zealand
CAD 51,499
23.1%
7
Singapore
CAD 51,264
23.5%
8
Indonesia
CAD 50,437
24.7%
9
Pakistan
CAD 49,785
25.7%
10
Japan
CAD 49,614
26.0%
11
Malaysia
CAD 48,594
27.5%
12
Philippines
CAD 47,795
28.7%
13
Vietnam
CAD 45,840
31.6%
14
China
CAD 44,011
34.3%
15
India
CAD 41,284
38.4%
16
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NOTE* Withholding is calculated based on the Quebec 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.