This year's federal per-person debt level is more than 25 per cent higher than in 2019.
personal income tax
The province's top combined personal income tax rate is 53.5 per cent, the third-highest rate among all provinces and U.S. states.
Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families since 2015
Canada’s top combined tax rates ranges from 54.0 per cent in Nova Scotia to 47.5 per cent in Saskatchewan.
Nine of the provinces are in the top 10 jurisdictions in North America with the highest personal income tax rates.
In 2015, the federal government introduced a new 33 per cent tax bracket.