Understanding paycheques and payroll deductions in Canada
Experts urge employees to read pay statements to grasp statutory deductions such as federal and provincial income tax CPP or QPP and EI. They warn that many Canadians misjudge take home pay and may miss errors, with more than 400 possible deductions to review and verify on a T4.
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Gaetano Gagliardi
National Payroll Institute
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Yannick Lemay
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Ann-Marie Cary
Global
Scotiabank
Cary
Quebec
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