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I think op is waking up to the tax reality of our beautiful country

likefunny

I guess🤐

I think every income in Canada is considered employment income unless it can be directly attributed to its source (e.g., your bonus is still employment income, so are restricted stock units, options etc.)

Any investment income needs to be managed through investment accounts and can't be connected to your employment.

In this way, it doesn't matter how you allocate the funds from your employer you're screwed regardless.

like

True enough, I meant as an employee with traditional T4

Used it before and thought so

Thanks

Seems to be accurate

Granted most people who make 300+ don’t make it all as earned income

Mine unfortunately is mostly comp

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