Living in Montreal vs. Vancouver: Where Should You Live?

In the province of Quebec, they have GST which is set at about 5% and their own provincial tax (TVQ) set at 9,975%.

Income tax rates in Quebec

Applicable tax on the taxable income includes:

• 15% for $45,105 or less.
• 20% between $45,105 and $90,200
• 24% between $90,200 to $109,755
• 25,75% on the next $109,755, +.

For Vancouver, they have the standard GST set at 5% and the PST set at 7% as a provincial sales tax. 

Income tax rates in Vancouver

• 5.06% between $0 to $43,070
• 7.70% between $43,070 to $86,141
• 10.50% between $86,141,070 to $98,901
• 12.29% between $98,901 to $120,094
• 14.70% between $120,094 to $162,832
• 16.80% between $162,832 to $227,091
• 20.5% on the amount over $227,091

Federal tax rates

The federal tax rate is the same in both cities. Applicable tax on the taxable income includes:

• 15% on the first $50,197 of taxable income, plus
• 20.5% on the next $50,195 of taxable income (on the portion of taxable income over 50,197 up to $100,392), plus
• 26% on the next $55,233 of taxable income (on the portion of taxable income over $100,392 up to $155,625), plus
• 29% on the next $66,083 of taxable income (on the portion of taxable income over 155,625 up to $221,708), plus
• 33% of taxable income over $221,708

(*Revenu Québec, Canada.ca, Gov.bc.ca)