Monthly Archives: April 2011

How Much Tax Does A Typical Family Pay?

How Much Tax Does A Typical Family Pay?

A recent report indicates Canadian families are now pyaing more in taxes than for food, clothing and shelter combined!!! In 2010, a family with an average income of $72,400 spent about 41% of its income on taxes ($29,913), while spending 34% on the necessities of life. Taxes include those paid to municipal, provincial and...

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How much do Tim Hortons Owners earn annually?

How much do Tim Hortons Owners earn annually?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!! In year 2002 for an average Tim Horton’s outlet: Gross earning: $1.5Million before interest and taxes Net earning: $174,280 after taxes and overhead expenses. In year 2008 for an average Tim Hortons franchisee: Net profit: $265,000 after taxes and expenses...

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How Much Do British Royal Family Make Annually?

How Much Do British Royal Family Make Annually?

Not as much as you think!! Prince William: $61,388 (Helicopter Pilot of Search and Rescue of Royal Air Force as a flight lieutenant). His salary is around 44,000 British pounds. Prince Harry: $60,000 (Captain of British Army) Inheritance for William & Harry: Since age 21, both have access to the investment profit of the...

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Money CAN buy happiness!!

Money CAN buy happiness!!

I would like to ask everyone’s input regarding whether money can you happiness. For me, I totally believe money CAN buy happiness in many, if not all, aspects unless you are a millionaire or a billionaire. Here is my story…… I’m happy when I can drive to work. While I was a university student,...

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Interest Rate Prediction vs Federal Election

Interest Rate Prediction vs Federal Election

Many banks have predicted the interest rate will continue to hike rapidly in year 2011. However I doubt it! The current prime rate is 3% at all Canadian major banks. With the federal election coming up this May, there is a huge chance the rate will not increase at all by the end of...

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Feature Story

How Much Do First Nations Chiefs Make Annually across Canada?

Chief Ron Giesbrecht in BC took home almost $1,000,000 INCOME TAX FREE! His band has a population of only 82!!! Chief Jim Boucher in Alberta claimed an annual salary of...

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Top Financial Stories

How Much Do Tim Hortons Owners Earn Annually?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!! In year 2002 for an average Tim Horton's outlet: Gross earning: $1.5Million...

Read more »