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| Investments that focus on after
tax rates of return
Effective tax rates vary by
province of residence and type
of income earned. The following
chart outlines the effective
tax rates for various provinces
and by income type. Please note
capital gains receive a preferred
tax treatment compared to dividends
and interest income.
| |
Salary
and Interest |
Dividends |
Capital
Gains |
| Alberta |
39.00% |
24.08% |
19.50% |
| British
Columbia |
43.70% |
31.58% |
21.85% |
| Manitoba |
46.40% |
35.08% |
23.20% |
| New
Brunswick |
46.84% |
37.26% |
23.42% |
| Newfoundland |
48.64% |
37.32% |
24.32% |
| Nova
Scotia |
47.34% |
31.92% |
23.67% |
| Ontario |
46.41% |
31.34% |
23.20% |
| Prince
Edward Island |
47.37% |
31.96% |
23.69% |
| Quebec |
48.22% |
32.81% |
24.11% |
| Saskatchewan |
44.00% |
28.33% |
22.00% |
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|  ""Government's
view of the economy could be summed
up in a few short phrases:
If it moves,
tax it.
If it
keeps moving, regulate it.
And if it stops moving, subsidize it."
-
R.W. Reagan
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