💰Gross Pay
Total earnings.
🏛️Federal Income Tax14.00%
15-33% across 5 brackets. Basic personal: $15,705.
🏛️Provincial Income Tax6.00%
Varies: ON 5-13%, QC 14-25%, BC 5-20%, AB 10-15%.
🔻CPP (Canada Pension Plan)5.95%
5.95% on earnings $3,500-$68,500.
🔻EI (Employment Insurance)1.66%
1.66% up to $63,200.
✅Take-home pay
Net after all deductions.
Educational simulation. Actual amounts depend on employer, collective agreement, and personal situation. Consult a qualified accountant for official payslips.