Category: Canada

If you have a down payment of at least 35% of the purchase price, you may still qualify for a mortgage without the confirmation of employment that is typically required. Here are some guidelines for this situation: You must have immigrated to Canada within 5 years. You must have permanent residence status. How long do […]

It calculates the average lowest cost of 61 food items at 14 grocery stores, looking at vegetables and fruit, protein foods, whole grains and fats and oils. The 2022 Nutritious Food Basket shows it costs $1,088 per month to feed a family of four in Ottawa. How much should a family of 4 spend on […]

You can stay in Canada while waiting for your permanent residence as long as you maintain legal status. Temporary resident status is valid for a specific period of time and you must ensure that your status as a temporary resident remains valid while you are in Canada. Find out more about extending your stay. Can […]

Average Cost of Food Per Family in Canada For example, a family of four, including two parents, a teenage son, and a younger daughter, spends around $13,907.25 on groceries per year, or $1,158 per month. How much does a family of 4 spend on groceries in Canada? Families in Canada spent an average of $936.40 […]

A job offer is valid if your current or future employer: has made a written offer to give you a full-time, non-seasonal job for one year or more if you are accepted as a permanent resident and. has a positive Labour Market Impact Assessment (LMIA) from Employment and Social Development Canada (or the job is […]

Canadian top-income earners pay nearly two-thirds of the country’s personal income taxes, while the top 1 per cent pay more than 20 per cent (see chart). These numbers compare to the bottom 50 per cent of income earners, who pay just 5 per cent in aggregate. What do these numbers tell us? Do the rich […]

Interestingly, New York State and California tax their residents at rates that are higher than any Canadian province except Quebec. Are taxes higher in Ontario or California? While Ontario’s top combined federal/provincial marginal rate is high at 53.53 per cent, California’s combined tax rate comes close, at 52.65 per cent, consisting of a 37 per […]

Canada collects basic biographic information on travellers who enter and leave the country by land and air to ensure complete travel history information is available. Does Canada immigration know your travel history? We use your history of entries to make sure that you have been in Canada long enough to qualify for citizenship. If you […]

If you make $70,000 a year living in the region of Ontario, Canada, you will be taxed $20,066. That means that your net pay will be $49,934 per year, or $4,161 per month. Your average tax rate is 28.7% and your marginal tax rate is 32.7%. What is 80000 Take home pay Canada? That means […]

If you make $500,000 a year living in the region of Ontario, Canada, you will be taxed $235,044. That means that your net pay will be $264,956 per year, or $22,080 per month. Your average tax rate is 47.0% and your marginal tax rate is 53.5%. How much taxes do you pay on 500k? If […]