Congratualtions to those who voted for the new PM, and my condolences to those who didn't. If you make $200,000 or more living in Canada, your income taxes are about to go over 50%.
http://www.theglobeandmail.com/news/politics/liberal-victory-potentially-taxing-for-higher-income-earners/article26840286/
"There are currently four federal income-tax rates and they top out at 29 per cent for earnings above $138,586. The Liberal plan would create a new 33-per-cent rate for earnings above $200,000, which may sound somewhat innocuous on the surface. The problem is that when you add provincial taxes to the federal take, you end up with a top marginal rate above 50 per cent in some cases."