Really, I heard from friends/family it was close to 48% due to the retirement/healthcare benefits... what is GST PST?
GST stands for Goods and Services Tax. It is a federal tax, canada wide, on all goods and services. (ie: if you buy a $1 pepsi the total after tax is $1.05)
PST stands for Provincial Sales Tax. Similar, but differs from province to province. Most are around 7%. Alberta doesn't have any, cuz they have so much oil money already.
PST does not apply to food, and a few other things.
You're probably thinking of paycheck deductions. These include: federal tax
, empolyment insurance
(goes into the social fund, incase you ever need to go on welfare or disability), and canada pension plan
(so you get free money when you are a senior). These do add up to quite a bit... definitely not 48% though haha! Anywhere in the 10% - 22% range is normal (it depends on what tax bracket you are in... ie: the more you make the bigger percentage your deductions are). Most low end jobs though, receive 100% of your tax back in the spring when you do your taxes... so it doesn't matter anyway.