There's no hope getting rich in this country, is there?

nope, thank god got a visa in the states and will be moving in the spring

>>1752258
>No hope getting rich
>What is a doctor

>>1752258
>Canada
>Justin Bieber
>Drake
>Weeknd
Make music. We love you guys down here.

>>1752258
work for the government.

>>1752258
Nope. Capital gain tax is effectively 25%. Income tax is pretty much 50% if you don't work in McDonald's. Only way to make money is take out huge loan and run a small business but then banks anal you.

But we need more OHIP covered trans hormone therapy, safe space grants, and government sponsored gay pride parades because current year.

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>>1753067
there's no cap gains tax on TFSA investments, so that's a good place to start. contribution limit is $52k if you were 19 in 2009, plus you can contribute to your spouse's tfsa as well.

if you have a small business, try to do a lot of business in cash. you have to cheat unfortunately so get creative. start a cash business selling AIDS to faggots maybe? we're all gonna make it /biz/!!

>>1752258
get job in bank and commit massive mortgage frog

>>1753221
yeah my uncle did this and got caught
literally sits in the basement all day making sales calls for pajeet rates because cant find real job due to the fact he got caught.

>>1753044
spotted the talk radio dropout

>>1752258

Don't you have socialism or something?

Doesn't that magically fix all your problems?

>>1752258
Of course there is. As a Canadian you can trade on the New York Stock Exchange without paying extra fees aside from foreign exchange.

Invest in America to be rich in Canada.

MAGA

>>1753067
Your government isn't why you are a failure anon.

>>1753044
sort of agree. ((they)) keep growing gov't every fucking year at some point it will come to an end though.

>>1752258

Weed is about to becoming recreationally legal in Canada, you are sitting at the tip of a gold mine.

>>1753044
How?

>>1753421
haha... it can never end, that is what is so awesome about taxation
>>1753598
I hear your school teachers make about 100k a year in USD (in Toronto)

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>>1753067
>the gubberment is why I can't make money
when will this meme end, you're not in Venezuela fgt

>>1753976
Especially considering how good social mobility is in Canada... It's a lot better than the United States

>>1753044
Canada doesn't give white people government jobs.

>>1754318
All my nearby ServiceOntario offices have almost exclusively white people working there.

>>1754321
All grandfathered in.

They won't hire new applicants. In order to get a government job as a white person you need to have credentials and experience in jobs that require skills and pay much more than what you are applying for, making it pointless.

>>1754333
can i claim to be 1/64th Indian and present myself as a black woman?

>>1754340
No. You have to be a tranny or flamboyantly gay.

Literally one of the only places that penalised you for working hard and being successful.

>>1754481
delet

>>1754318
Not true, only the CBC does that.

>>1752258
Canadian bullion has the lowest premiums, start stacking and reselling limited mint coinage.

>>1753421
kevin o'leary will fix it.

>>1753928
i didnt know it was that much, but teachers do get paid better here than in the states, and arent really looked down upon in the same way.

$100k/year doesn't make you rich in toronto. houses in toronto are$1.2M now. then you have to pay a $40k land transfer tax on that as a punishment for purchasing a home.

even aside from currency difference and higher taxes, everything is just more expensive here -food, gas cars etc.

you can't just compare salaries in the two countries by using a cuurency calculator

>>1754723
>$100k/year doesn't make you rich in toronto. houses in toronto are$1.2M now. then you have to pay a $40k land transfer tax on that as a punishment for purchasing a home.

Buying a house, especially in a housing bubble is for retards though.

Just rent and shove it all into ETFs. you don't need to own a house.

>>1754340
i have met a few blonde haired blue eyed 'indians' with freckles who have status cards and high paying public sector jobs. they'll talk about their tribe/band or whatever with a straight face and no sense of shame. it's unbelievable.

>>1754729
agreed. i'm waiting for the crash, bud. i don't mind renting at all.

>>1754730
>>1754742
There's literally no reason to not get into credit card fraud in canada

>>1754752
i don't want to go to prison because i will end up being a bitch, sad to say. oh, and because stealing in immoral.

>>1754781
You never will in Canada. Punishments are retardedly light.

People kill 4 people from drunk driving and get 10 years in prison. Also it's comfy as fuck you literally play chess and read books all day.

>>1754787
i'd rather just try so get laid off so i can go on EI.

fockin' lotto 10 42 eh, bud. work fer 10 weeks den goo on da pogey fer 42 eh, bye? tanks, junston!

>>1755152
Kek

>>1753928
>I hear your school teachers make about 100k a year in USD (in Toronto)
100k a year, 30k in tax. 70k takehome. Homes are 1 million. Property tax, Cap and trade tax, Most expensive electricity in north america.
It's honestly better to be a teacher somewhere else. You'll make less money but you pay way less tax and that big house is only 250k.

>>1754481
I learned this after working hard and becoming successful. I could further my career by devoting 3 to 5 years to studying, but then I do the math and figure out that the government takes 50% of that effort. So fuck that.

>>1755756
What did he mean by this

>>1752258
You are fucked leaf.

>>1755758
There's no reason to make more than 80k in Ontario, unless you live in the cancer that is Toronto.

80k you pay about 17k in tax, 100k you pay 25k in tax, 150k you pay 47k, 200k you pay 71k tax.

so
80k = 63k
100k = 75k
150k = 103k
200k = 129k

It's a system of diminishing returns, the harder you work the more you are punished. No reason to make more than 80k.

https://simpletax.ca/calculator

>>1755784
I don't think that matters much to us

Isn't half this board unemployed?

>>1755784
lol @ paying taxes

>>1752258
Not with that retarded cuck in charge.

>>1753044
provincial public servant here. I earn less than the feds but anyways.

You don't get rich but you don't get poor either. The main advantage is that you know how much you will be making in advance and have a pension. If you want to get rich you need a side hustle, which is something you can do since we're not overworked.