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Three basic types of Income

As we know, all taxpayers resident in Canada must declare income from all kinds of sources, including those outside Canada, and must pay tax on their own taxable income.
There are three basic types of income.
Employment income
Most of our Canadians earn income through employment. Employment income includes all benefits the employee receives in connection with the services he provide to employer. So it is including any bonuses, gratuities, or honorariums, as well as any retiring allowance.
Basically, employer will withhold and remit to the Canada Revenue Agency on your behalf your income tax and Employment Insurance and CPP/QPP. The whole year records will be shown on the T4s.

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