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This doesn't seem very useful to me. It looks like it only estimates taxes for you and doesn't do any legwork on cost of living.
by ebg13 6y ago
This doesn't seem very useful to me. It looks like it only estimates taxes for you and doesn't do any legwork on cost of living.
- senecaso 6y agoRight now it only provides some very basic cost of living, and things like RRSP contributions. I can probably enhance it by adding the COL data per region, but I would have to focus on a small selection of cities otherwise it would be too much work.
- richajak 6y agoIn addition to RRSP, you can reduce tax by contributing to TFSA. Just focus on Ontario and BC, these will be sufficient for most tech immigrants.
- II2II 6y agoIt is interesting from a Canadian perspective. My home province is often criticized for it's high taxes, yet it turns out that there is no variation for lower incomes and the additional tax burden is around 5.5% for higher incomes. The reality is the disparity in income has a much larger impact on quality of life than a few thousand dollars paid in taxes. (I assumed the low income person was working full time at minimum wage, and used the default $100,000 as a higher income. Quebec was ignored since people are less likely to move there unless they speak French or are employed in certain industries.)