Ontario WSIB Rates 2027: What Employers Will Pay
Ontario’s average WSIB premium rate falls to $1.18 per $100 of insurable earnings in 2027, while the earnings ceiling rises to $126,700. See the payroll math and November checklist.
Tax & Money
Practical guides on Canadian taxes, payroll deductions, paycheques, and personal finance.
How Much Working From Home Is Worth: The After Tax Math for Canadian Parents
One office day a week costs a hybrid Ontario parent about $4,100 of gross salary. Commuting savings are after tax money and a raise is not, which is why the raise always has to be bigger than the saving.
CRA Tax Instalments: Who Has to Pay by September 15?
The CRA sent its August instalment reminders this month and the payment they describe is due Tuesday, September 15, 2026. A reminder is not an assessment, though. The $3,000 rule has two conditions, and plenty of people who receive a reminder do not actually have to pay.
Biweekly vs Semi-Monthly Pay: What’s the Difference for Your Budget?
On a $60,000 salary, biweekly pay is $2,307.69 per cheque and semi-monthly is $2,500.00, the same money split 26 ways instead of 24. Here’s what actually changes, how to find your three-paycheque months, and which schedule suits your bills.
How Is Vacation Pay Calculated in Canada? (Province by Province)
Vacation pay is 4% of gross wages in most of Canada, rising to 6% with service, but Saskatchewan starts at three weeks and Newfoundland makes you wait 15 years. Here’s the province-by-province breakdown, worked examples, and how to check you’re being paid correctly.
Marginal vs Average Tax Rate: What You Actually Pay in Canada
At $70,000 in Ontario, your 2026 marginal tax rate is 29.65% but your average rate is just 16.83%. Here’s what separates the two numbers, why a raise never leaves you with less, and which rate to use for RRSP contributions, overtime and budgeting.
What Is the CPP2 Deduction on My Pay Stub?
A deduction labelled “CPP2” just appeared on your pay stub mid-year? That’s the second CPP contribution: 4% on earnings between $74,600 and $85,000 in 2026, max $416. Here’s why it shows up suddenly and what it buys you.
When Do CPP Contributions Max Out in 2026?
CPP has two ceilings in 2026: $74,600 for the base 5.95% and $85,000 for the 4% CPP2 tier. Here’s when each deduction stops at every salary level, why they wind down in stages, and what happens in January.
Why Did My EI Deductions Stop Mid-Year? (2026 Maximums Explained)
If your EI deduction suddenly vanished from your pay stub, you’ve hit the 2026 maximum of $1,123.07. Here’s when it happens at every salary level, what it means for your net pay, and the January catch to plan for.