Because of how taxes and government aid are structured, low-income Canadians lose the most money when they move up the earnings ladder, according to a new study from the C.D. Howe Institute.
The study from the conservative-leaning think tank found a typical family with two working parents and two children with an income of $40,000 would lose 68 cents for every additional dollar in income earned. (This number is known as the “marginal effective tax rate.”) That’s for a family in Ontario; in Quebec, that family would lose 79 cents for every dollar earned.
The study from the conservative-leaning think tank found a typical family with two working parents and two children with an income of $40,000 would lose 68 cents for every additional dollar in income earned. (This number is known as the “marginal effective tax rate.”) That’s for a family in Ontario; in Quebec, that family would lose 79 cents for every dollar earned.





