In addition to provincial and federal income taxes, there are many government benefits that are income tested, meaning that as your income increases, the amount of the benefit you receive decreases. This is effectively the same as paying additional tax on your income. Use the form below to generate a personalized "Marginal Effective Tax Rate (METR)" chart, including the impact of certain government benefits and credits. You can also use your METR information to optimize your RRSP contribution
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