According to Canada Info-Hub, it is very rare for an immigrant to earn more than $20 per hour.
This what you should realistically expect to earn and the deductions when you move to Canada. Every province has its own different tax bracket.
Example
If you are earning $20 per hour, therefore you earn $150 a day, $1500 per fortnight , $3000 a month or $36 000 per year
Companies pay weekly, fortnightly or monthly
Let us calculate on someone getting paid Fortnightly. Your Tax bracket is 15% in Manitoba if you earn $20 per hour.
The following are the approximate calculated compulsory deductions in Manitoba.
Union Due $20
Federal Tax = 131.33
Provincial tax – $114.07
CPP – Canada Pension Plan – $69.63
EI – $24.30
NET INCOME: $1140.77 Per fortnight
MONTHLY NET: $2281.54 Per Month
Almost $800 has been deducted from your monthly salary.
Most New Immigrant Families in Canada are struggling. However, as you work for longer and your salary goes higher you will have a higher income. However, you will also have higher taxes.
Most people who live in Manitoba will live comfortably with $36 000 but this amount is not in places like Toronto. If you are in Toronto you will have to get a second job.
Finally, Here are the tax brackets in Manitoba Province and the Federal taxes:
Provincial Taxes
Up to $32 670 –Â 10.8%
$33 000 to – $72000
Federal
15% for first 45k
26% for 46k to 93k
29% 144k -205k
33% Above 206k
