Category: Canada

Taxing Canadian-source income. As a non-resident of Canada, you are subject to Canadian income tax on most Canadian-source income paid or credited to you during the year unless all or part of it is exempt under a tax treaty. How is non-resident tax calculated in Canada? Non-residents are taxed at the current federal tax rates, […]

If you make $30,000 a year living in the region of Ontario, Canada, you will be taxed $7,709. That means that your net pay will be $22,291 per year, or $1,858 per month. How much tax do I pay on 30k in Canada? How much federal tax do I have to pay based on my […]

The average police officer salary in Canada is $51,000 per year or $26.15 per hour. Entry-level positions start at $35,100 per year, while most experienced workers make up to $84,938 per year. What is the highest paid police force in Canada? Top companies for Police Officers in Canada Calgary Police Service. 4.0 $107,880per year. 27 […]

Usually, you’re not allowed to sell, rent or mortgage the family home without the other spouse agreeing to it. This is the case unless you have a court order saying you’re allowed to do so. Find out about the laws in your region, check with a lawyer or visit your provincial or territorial government website. […]

Income Classes in Canada Income group Salary range Lower class Less than $32,048 Lower-middle class $32,048 – $53,2413 Middle class $53,413 – $106,827 Upper-middle class $106,827 – $236,000 What are the 5 income classes? Breaking Down Economic Class by Income From that data, they split earners into different classes such as poor, lower-middle class, middle […]

Province with the Highest Taxes Newfoundland and Labrador. Nova Scotia. Prince Edward Island. New Brunswick. Which province pays the most taxes Canada? QuebecIncome tax rates in Quebec are higher than in other provinces and territories because the government of Quebec finances a wide variety of services that other governments do not. You can use the […]

Of the major Canadian cities included in the index, Calgary is the lowest on the list. Ranked in the 68th spot, its climate type won’t change from a continental humid warm summer but they could see the average temperature rise by 2.14 C by 2050. Where should I move to avoid climate change in Canada? […]

While some lenders will look for a credit score of at least 680, the absolute minimum credit score Canadians should have before applying for a mortgage—regardless of their province or territory—is 600. Is 600 a good credit score for a mortgage? It’s recommended you have a credit score of 620 or higher when you apply […]

In Canada, credit scores start at 300 and go as high as 900. A bad credit score is a score of 574 or less and means banks, lenders, landlords, and even some employers will consider you less financially responsible than borrowers with a higher score. Can I get approved with a 574 credit score? A […]

In Canada, according to Equifax, a good credit score is usually between 660 to 724. If your credit score is between 725 to 759 it’s likely to be considered very good. A credit score of 760 and above is generally considered to be an excellent credit score. The credit score range is anywhere between 300 […]