Thread: Many americans emigrate to Canada

Many americans emigrate to Canada


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Globe and MailCanada better off than others, Harper says
Toronto Star - ‎7 hours ago‎
"The American economy has been hit twice as hard as Canada. The same is true for the Europeans. The Japanese have been hit four times as hard," Harper told ...
Harper says US recovery necessary for Canadian rebound. Canada.com
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Reuters - 570 News
all 279 news articles »Langue : Français CBC.caCanada defeats Mexico in Pan American Cup field hockey
The Canadian Press - ‎2 hours ago‎
SANTIAGO, Chile — Vancouver's Scott Tupper scored three goals as defending champion Canada beat Mexico 7-3 at the Pan American Cup field hockey tournament ...
US falls 8-0 to Argentina in field hockey USA Today
Argentina crush US 8-0 in Pan American Cup PR-Inside.com (Pressemitteilung)
all 24 news articles »Manitoba may give rights to posthumously conceived children
Toronto Star - ‎1 hour ago‎
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Children conceived after parent's death deserve equal inheritance ... The Canadian Press
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Globe and Mail - ‎11 hours ago‎
But boosting sales in Canada won't solve the industry's problem, given that Canada represents about one-tenth of North American sales and that 80 per cent ...
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The Canadian Press - ‎2 hours ago‎
... is being shut out of a bidding process in Maryland by the same 'Buy American' policies that President Obama has assured Canada is not protectionist. ...SYS-CON MediaClement urges budget passage to get credit flowing
Ottawa Citizen - ‎3 hours ago‎
By Jamie Sturgeon, Financial PostMarch 10, 2009 5:02 PM Canada's Industry Minister Tony Clement. 'We have to make sure Canadians continue to buy and lease,' ...
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Toronto Star - ‎Mar 9, 2009‎
With the loss, the Venezuelans, 1-1, will tomorrow take on the winner of tonight's Canada-Italy game (Sportsnet, 6:30 pm). The Canadians and Italians lost ...
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all 986 news articles »National PostCountries put 'war on drugs' under the magnifying glass
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all 32 news articles »RCMP calls for increased border presence
CTV.ca - ‎5 hours ago‎
OTTAWA — A senior Mountie says the RCMP needs a more visible presence along the Canada-US border to bolster security. Assistant Commissioner Mike Cabana ...Financial PostStock markets rally after good news from Citigroup
CTV.ca - ‎7 hours ago‎
Looks like Obama is making a difference and Canada can hopefully ride the coat tails of this recovery. Of course, its not even 1:00 pm yet, ...
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but way more lil frenchies move to america to get away from the poor health care and non existing dentists!!!! and more so for soap!

Canadian tax rates. And you thought health care was free!

The Canadian Tax Bracket System : WhereDoesAllMyMoneyGo.com


You may or may not be aware that Canada’s income tax system is set up in a “progressive” manner. Basically the more you earn, the more you are taxed. In fact you may have heard people referring to high-income earners losing half of what they make to the government. While it is true that a high income earner will pay a lot of money in tax, they don’t normally pay HALF of their income to the income tax collectors. Allow me to explain… There is no 50% tax bracket in Canada. In Ontario, the highest tax bracket that exists is 46.41% for income over $120,888 (for the 2007 tax year). So right off the bat you can see that someone would not lose HALF their earnings to income tax. But there is more to this story than just that. Let’s start with an example and then work backwards… If Bob earned $125,000 for 2007, he would have a combined total federal and provincial income tax of $40,179. That would leave him with a “take-home pay” of approximately $84,821. As you can see this is clearly not half of his income. So what gives? The Candian tax system uses what are commonly called “tax brackets”. Each bracket has its own rate of tax, and as you move up through the brackets the rate of tax increases until you reach the top tax bracket which is 46.41% (Ontario). Here are the tax brackets for Ontario (2007 Combined Federal and Ontario Provincial Personal Income Tax Rates as sourced from Ernst & Young):

$0 - $8,929 0% Tax

$8,930 - $11,826 15.50%

$11,827 - $15,098 27.60%

$15,099 - $35,488 21.55%

$35,489 - $37,178 24.65%

$37,179 - $62,487 31.15%

$62,488 - $70,976 32.98%

$70,977 - $73,622 35.39%

$73,623 - $74,357 39.41%

$74,358 - $120,887 43.41%

$120,888 + 46.41%