What do CIT deductions mean on my paycheck?

What we found is that CIT stands for Canadian Income Tax. It includes both federal and provincial income taxes.

Find out Canadian income tax rates for individuals - current and previous years at Canada Revenue Agency.

Learn more about your pay slip. Check out where all your deductions go at Financial Consumer Agency of Canada.

There are essentially 2 strategies for boosting savings and investments: increase your income and cut your spending.

Whether you're a young adult ready to start saving for retirement, a 50-something ready to pay off your mortgage or a senior citizen living on a fixed income, these basic time-honored tips can help you build savings, reduce debt, boost income and invest smartly shared by Bankrate.com.

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