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The government is also introducing a second CPP tax, called CPP2. It applies to those earning between $68,500 and $73,200

Canadians Pay Higher Income Tax Than Workers in Most Other OECD Countries: Report


By Epoch Times ——--April 10, 2024

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Canadians at all levels of income pay more tax than residents in most other OECD countries around the world, according to a new report.

The study, “Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness,” published by the Fraser Institute, said personal income tax rate increases at both the federal and provincial levels have made Canada less competitive compared with other countries in the Organisation for Economic Co-operation and Development (OECD). ---More...


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