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Canada Salary Calculator

Take-Home Pay & Deductions

Salary Calculator

Calculate your net salary and take-home pay

Includes Federal & Provincial taxes, CPP (5.95%), and EI (1.66%)

Understanding Taxes & Deductions in Canada

Canada has a two-tier tax system with both federal and provincial/territorial income taxes. Federal tax rates range from 15% to 33%, and each province adds its own tax on top of federal taxes.

All employees contribute to the Canada Pension Plan (CPP) at 5.95% on earnings between $3,500 and $68,500, and Employment Insurance (EI) at 1.66% on earnings up to $63,100.

Tax rates vary significantly by province, with provinces like Alberta having lower rates and provinces like Quebec and Nova Scotia having higher rates.

Last Updated: January 1, 2025

Frequently Asked Questions

How does the Canadian tax system work?

Canada uses a two-tier system with federal taxes (15-33%) plus provincial taxes that vary by province.

What is CPP?

The Canada Pension Plan is a mandatory contribution that provides retirement, disability, and survivor benefits.

Do all provinces have the same tax rate?

No, provincial tax rates vary significantly. Alberta has the lowest rates, while Quebec and some Atlantic provinces have higher rates.

Official Sources

Reviewed using official government publications