Newfoundland and Labrador has some of the highest personal income tax rates in the country on individuals and households that earn $100,000 or more a year.

That’s according to a new study by the Fraser Institute, an independent, non-partisan think-tank.

Alex Whalen, policy analyst with the Institute and co-author of the report, says the east-west divide in the country in terms of taxation of that category is significant.

He notes that taxation is an important consideration for people in deciding where to live, including those in the tech sector.

Newfoundland and Labrador is struggling to find enough workers to supply that sector.

Whalen will be watching next month’s budget closely.

He says New Brunswick is establishing itself as a model in the region on how to become more competitive.

They’ve balanced the budget during the pandemic and are beginning to reduce taxes.

Families in Newfoundland and Labrador, along with the rest of Atlantic Canada and Quebec, that earn $100,000 or more face some of the highest tax rates nationwide, and also have among the lowest percentages of tax filers with over $100,000 of income.https://t.co/DjEvU6tbR5 pic.twitter.com/gNuQaazpNY

— The Fraser Institute (@FraserInstitute) March 24, 2022