Summary
If you make $44,925 a year living in the region of Ontario, Canada, you will be taxed $11,720. That means that your net pay will be $33,205 per year, or $2,767 per month. Your average tax rate is 26.1% and your marginal tax rate is 27.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $27.39, hence, your net pay will only increase by $72.61.
Bonus Example
A $1,000 bonus will generate an extra $726 of net incomes. A $5,000 bonus will generate an extra $3,631 of net incomes.