Posts Tagged ‘ Canada ’

Annual Salary for First Nations Chiefs

Annual Salary for First Nations Chiefs

Under the First Nations Financial Transparency Act, which the Canadian government passed in year 2013, aboriginal bands (about 580 bands covered under this law) are required to post their chiefs’ earnings on the federal Aboriginal Affairs and Northern Development website by the end of November 2014. Only 56% of them have submitted their records...

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Annual Salary for Members of Legislative Assembly Alberta

Annual Salary for Members of Legislative Assembly Alberta

How Much Do Alberta MLP’s Earn Annually? As of year 2008: MLA Indemnity $52,092.00 MLA Tax Free Allowance $26,046.00 toal annual income $78,138.00 * Based on an approved motion of the committee of December 2, 2009, there shall be no annual adjustment to the salaries as outlined (below) for the fiscal year April 1,...

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Annual Salary for Members of Legislative Assembly BC

Annual Salary for Members of Legislative Assembly BC

How Much Do BC MLP’s Earn Annually? As of year 2009: $101,859 for MLAs in BC * The members’ basic Remuneration is to be increased April 1 of each year by the percentage increase of the BC consumer price index, if any, for the 12-month period ending on December 31 of the previous year,...

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Annual CEO Salary of BC Crown Corporations

Annual CEO Salary of BC Crown Corporations

Annual CEO Salary of BC Crown Corporations A friend sent me this information. I was surprised to learn how much the CEO’s earn. 😯 But that’s not all. The figures are based on year 2006, so I assume the current salary will be much much more. 😯 😯 Poor BC residents….have to pay big...

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Millionaire / Billionaire Club

Millionaire / Billionaire Club

Sadly a million dollar is not what it used to be any more…thanks to the devil INFLATION! For the same cause, the number of millionaires rises. However, it’s still nice to have a million dollar networth. Hopefully one day I’ll be there!!! 🙂 Currently, USA has 10.5 million of millionaire households. I wonder how...

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Annual Pensions for Members of Parliament

Annual Pensions for Members of Parliament

Former Bloc leader Gilles Duceppe, 63 $140,765 per year Former Toronto Liberal MP Joe Volpe, 63 $120, 392 per year Former Liberal MP Ujjal Dosanjh $40,197 per year from federal government $35,000 per year from BC government Former Liberal leader Michael Ignatieff $ ??? per year Those pensions for retired/defeated MPs are NOT small...

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Average Annual Retirement Pension Income Canada

Average Annual Retirement Pension Income Canada

Thinking about retirement? Are you financially sound? Debt free or still fully loaded?! Want to retire and yet can’t afford to? How much need you save to retire comfortably? Check the following statistics and see if you are on par with or better than other senior retirees. Retired Seniors aged 55 and over Average...

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How Much Do Members of Parliament Earn Annually?

How Much Do Members of Parliament Earn Annually?

How Much Do MP’s Earn Annually? As of year 2011: $157,731 for Member of the House of Commons * Members who occupy certain offices and positions are entitled to additional remuneration in accordance with the Parliament of Canada Act. ** This amount of “basic” salary already places MPs in the high income group in...

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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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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 »