Taxes in Canada

What are the biggest deductions from our pay?

• CPP

• EI

• Income tax

• Good and services

A pay stub tells us how much you have earned and how much money will you get back at the end of the year?

• True

• False

• I am not sure

What is the primary purpose of the Canadian Pension Plan (CPP) as described in the text?

• To provide health care services

• To help government workers retire at 65

• To help workers retire with a pension at the age of 65

• To collect taxes from Canadian workers

Tax you pay when you own a house is called ----------------tax.

We pay tax on the----------- and --------we buy everyday.

Government uses tax money for

• health care

• pension

• build roads

• build houses

EI means------------

• Employee insurance

• Employment insurance

• Earning insurance

Which plan is available for people over the age of 65?

According to the audio, what is the biggest deduction from an employee's pay?

• Employment Insurance payments

• Canadian Pension Plan contributions

• Income tax

• Property tax

What do workers pay tax on, as mentioned in the audio you heard before?

• Only on the property they own

• Goods and services they buy every day

• Only on their income

• Both goods and services and their income