* 15% on the first $37,885 of taxable income, +
* 22% on the next $37,884 of taxable income (on the portion of taxable income between $37,885 and $75,769), +
* 26% on the next $47,415 of taxable income (on the portion of taxable income between $75,769 and $123,184), +
* 29% of taxable income over $123,184.
That is the basic Canadian Federal income tax. In addition, there are provincial income taxes. Here are the rates for Ontario, which is one of the lowest ones
6.05% on the first $36,020 of taxable income, +
9.15% on the next $36,021, +
11.16% on the amount over $72,041
In addition, there are also sales taxes. There is a provincial sales tax, let’s look at Ontario again. Their sales tax rate is 8%. In addition, there is a national sales tax, called the GST(goods and services tax). When enacted, it was 7%. It has since been reduced twice (most recently 1/1/08), and now stands at 5%.
That doesn’t include corporate taxes, plus local wage taxes and property taxes.