Tax tables

Selected non-refundable tax credits – 2020

Factors	Federal (%)
		Provincial (%)
		BC	AB	SK	ON	QC	NB	NS	PE	NL	YK	NT	NU
General factor1	15	5.06	10	10.5	5.05	15	9.68	8.79	9.8	8.7	6.4	5.9	4
Increase due to surtax2					1.2 or 1.56				1.1

 

This table presents maximum amounts for selected non-refundable tax credits. Further information on tax credits, as well as thresholds and rules to claim each credit can be found in the tax return guides for each province (except Quebec) on the CRA site at https://www.canada.ca/en/ revenue-agency/services/forms-publications/tax-packages-years/general-income-taxbenefit- package.html. Quebec residents can find information on federal credits on the CRA site and Quebec credits on the Revenu Quebec site at https://www.revenuquebec.ca/en/citizens/ tax-credits/.

1. The general factor, multiplied by the federal or provincial/territorial amount, yields the value of the federal or provincial/ territorial non-refundable tax credit. For Quebec taxpayers, the factor for each federal credit is reduced by 16.5% due to the federal tax abatement.
2. Where provincial/territorial surtaxes apply, the value of the credits shown will be higher by the factors indicated. 
3. For residents of Quebec, the maximum federal credit for QPP contributions is $2,991. 
4. For residents of Quebec, the federal EI plan does not provide maternity or parental benefits therefore the maximum federal credit for EI contributions is $664. The Quebec Parental Insurance Plan (QPIP) is a separate plan for maternity, paternity, parental and adoption benefits and for QPIP the maximum federal credit for contributions is $402. 
5. The federal education and textbook tax credits were eliminated effective January 1, 2017. Unused education and textbook credit amounts carried forward from years prior to 2018 will remain available to be claimed in 2018 and subsequent years. 

Federal and provincial top rates, tax brackets and surtaxes for 2020¹ 

 

	2020										2019
						Tax rates and brackets			Surtaxes and  thresholds5		Tax rates and brackets
	Selected non-refundable tax credits2	Salary/ interest (%)	Capital gains (%)	Eligible dividends3 (%)	Ineligible dividends4 (%)	(%)	($)	($)	(%)	($)	(%)	($)	($)
Federal	PE 13,229	33	16.5	24.81	27.57	15	0	48,535			15	0	47,630
	PIC 2,000					20.5	48,536	97,069			20.5	47,631	95,259
	Age 7,637 @ 38,508					26	97,070	150,473			26	95,260	147,667
						29	150,474	214,368			29	147,668	210,371
						33	214,369	+			33	210,372	+
British Columbia	PE 10,949	53.5	26.75	36.54	48.89	5.06	0	41,725			5.06	0	40,707
	PIC 1,000					7.7	41,726	83,451			7.7	40,708	81,416
	Age 4,911 @ 36,552					10.5	83,452	95,812			10.5	81,417	93,476
						12.29	95,813	116,344			12.29	93,477	113,506
						14.7	116,345	157,748			14.7	113,507	153,900
						16.8	157,749	220,000			16.8	153,901	+
						20.5	220,001	+
Alberta	PE 19,369	48	24	31.71	42.31	10	0	131,220			10	0	131,220
	PIC 1,491					12	131,221	157,464			12	131,221	157,464
	Age 5,397 @ 40,179					13	157,465	209,952			13	157,465	209,952
						14	209,953	314,928			14	209,953	314,928
						15	314,929	+			15	314,929	+
Saskatchewan	PE 16,065	47.5	23.75	29.64	40.37	10.5	0	45,225			10.5	0	45,225
	PIC 1,000					12.5	45,226	129,214			12.5	45,226	129,214
	Age 1,292 + 4,894					14.5	129,215	+			14.5	129,215	+
	@ 36,430
Manitoba	PE 9,838	50.4	25.2	37.78	46.67	10.8	0	33,389			10.8	0	32,670
	PIC 1,000					12.75	33,390	72,164			12.75	32,671	70,610
	Age 3,728 @ 27,749					17.4	72,165	+			17.4	70,611	+
Ontario	PE 10,783	53.53	26.76	39.34	47.74	5.05	0	44,740			5.05	0	43,906
	PIC 1,491					9.15	44,741	78,783	20	4,830	9.15	43,907	77,313
	Age 5,265 @ 39,194					10.98	78,784	89,482	36	6,182	10.98	77,314	87,813
						13.39	89,483	92,825			13.39	87,814	91,101
						17.41	92,826	150,000			17.41	91,102	150,000
						18.97	150,001	220,000			18.97	150,001	220,000
						20.53	220,001	+			20.53	220,001	+
Quebec	PE 15,532	53.31	26.65	40.11	47.14	15	0	44,545			15	0	43,790
	PIC 2,902					20	44,546	89,080			20	43,791	87,575
	Age 3,267 @ 35,205					24	89,081	108,390			24	87,576	106,555
						25.75	108,391	+			25.75	106,556	+
New Brunswick	PE 10,459	53.3	26.65	33.51	47.75	9.68	0	43,401			9.68	0	42,592
	PIC 1,000					14.82	43,402	86,803			14.82	42,593	85,184
	Age 5,107 @ 38,020					16.52	86,804	141,122			16.52	85,185	138,491
						17.84	141,123	160,776			17.84	138,492	157,778
						20.3	160,777	+			20.3	157,779	+
Nova Scotia	PE 8,481	54	27	41.58	48.28	8.79	0	29,590			8.79	0	29,590
	PIC 1,173					14.95	29,591	59,180			14.95	29,591	59,180
	Age 4,141 @ 30,828					16.67	59,181	93,000			16.67	59,181	93,000
						17.5	93,001	150,000			17.5	93,001	150,000
						21	150,001	+			21	150,001	+
Prince Edward Island	PE 10,000	51.37	25.69	34.22	45.22	9.8	0	31,984			9.8	0	31,984
	PIC 1,000					13.8	31,985	63,969	10	12,500	13.8	31,985	63,969
	Age 3,764 @ 28,019					16.7	63,970	+			16.7	63,970	+
Newfoundland and Labrador	PE 9,498	51.3	25.65	42.61	44.59	8.7	0	37,929			8.7	0	37,591
PIC 1,000						14.5	37,930	75,858			14.5	37,592	75,181
	Age 6,063 @ 33,226					15.8	75,859	135,432			15.8	75,182	134,224
						17.3	135,433	189,604			17.3	134,225	187,913
						18.3	189,605	+			18.3	187,914	+
Yukon	PE 13,229	48	24	28.93	42.17	6.4	0	48,535			6.4	0	47,630
	PIC 2,000					9	48,536	97,069			9	47,631	95,259
	Age 7,637 @ 38,508					10.9	97,070	150,473			10.9	95,260	147,667
						12.8	150,474	500,000			12.8	147,668	500,000
						15	500,001	+			15	500,001	+
Northwest Territories	PE 15,093	47.05	23.53	28.33	36.82	5.9	0	43,957			5.9	0	43,137
	PIC 1,000					8.6	43,958	87,916			8.6	43,138	86,277
	Age 7,383 @ 38,508					12.2	87,917	142,932			12.2	86,278	140,267
						14.05	142,933	+			14.05	140,268	+
Nunavut	PE 16,304	44.5	22.25	33.08	37.79	4	0	46,277			4	0	45,414
	PIC 2,000					7	46,278	92,555			7	45,415	90,829
	Age 10,408 @ 38,508					9	92,556	150,473			9	90,830	147,667
						11.5	150,474	+			11.5	147,668	+
Non-Resident		48.84	24.42	36.72	40.8	7.68	0	48,535			7.2	0	47,630
						9.84	48,536	97,069			9.84	47,631	95,259
						12.48	97,070	150,473			12.48	95,260	147,667
						13.92	150,474	214,368			13.92	147,668	+
						15.84	214,369

1.Rates of tax based on publicly available information as of July 2019

2.Non-refundable tax credits are generally calculated at the lowest marginal rate. For example, federal tax credits are at 15%. All provinces use the rate for the first bracket. PE: Basic Personal Exemption, PIC: Pension Income Credit, Age: Credit reduced if income exceed specified limit.

3 Eligible Dividends: Dividends paid by corporations resident in Canada from income that has been subject to the general federal corporate tax rate (public corporations, CCPCs from eligible dividends received from public corporations, other Canadian resident corporations subject to the general corporate rate).

4. Ineligible Dividends: Dividends paid by Canadian Controlled Private Corporations (CCPC) that is from income that is eligible for the small business deduction (SBD) or from investment income other than income from eligible dividends from public corporations.

5 Surtaxes apply to provincial tax above the threshold.

2020 Effective income tax rates for individuals 

Prepared from information available at July 2020. 

This table shows combined federal and provincial or territorial taxes, including surtaxes, on interest or ordinary income, assuming only the basic personal tax credit is claimed (except non-residents – see note 1). 

 

 

Taxable income ($)	(%)
	BC	AB	SK	MB	ON	QC	NB	NS	PE	NL	YK	NT	NU	Non-residents1
20,000	7.4%	5.4%	7.1%	10.6%	7.4%	7.6%	9.7%	8.8%	10.0%	9.6%	7.2%	6.5%	5.8%	12.3%
25,000	9.9%	9.3%	10.8%	13.6%	9.9%	11.6%	12.7%	11.8%	12.9%	12.5%	10.1%	9.4%	8.5%	14.3%
30,000	11.6%	11.9%	13.3%	15.6%	11.6%	14.2%	14.7%	14.0%	14.9%	14.3%	12.0%	11.3%	10.2%	15.6%
35,000	12.8%	13.8%	15.0%	17.2%	12.8%	16.1%	16.1%	16.3%	16.7%	15.7%	13.3%	12.7%	11.5%	16.5%
40,000	13.7%	15.2%	16.3%	18.5%	13.7%	17.6%	17.2%	18.1%	18.2%	17.0%	14.3%	13.7%	12.4%	17.2%
45,000	14.6%	16.3%	17.3%	19.5%	14.5%	18.7%	18.2%	19.5%	19.4%	18.4%	15.1%	14.6%	13.1%	17.8%
50,000	15.6%	17.3%	18.5%	20.5%	15.6%	20.2%	19.5%	20.7%	20.5%	19.6%	16.0%	15.6%	14.1%	18.5%
55,000	16.7%	18.5%	19.8%	21.7%	16.9%	21.8%	21.0%	22.1%	21.7%	21.0%	17.2%	16.9%	15.3%	19.5%
60,000	17.7%	19.5%	20.9%	22.6%	17.9%	23.0%	22.2%	23.3%	22.8%	22.2%	18.2%	17.9%	16.3%	20.4%
70,000	19.2%	21.1%	22.7%	24.2%	19.6%	25.1%	24.0%	25.4%	24.7%	24.0%	19.8%	19.5%	17.9%	21.9%
80,000	20.3%	22.3%	23.9%	25.7%	20.9%	26.6%	25.4%	26.9%	26.2%	25.5%	21.0%	20.7%	19.1%	22.9%
90,000	21.4%	23.2%	25.0%	27.1%	22.1%	27.8%	26.6%	28.0%	27.5%	26.7%	22.0%	21.7%	20.1%	23.7%
100,000	22.6%	24.1%	25.9%	28.3%	23.7%	29.2%	27.8%	29.1%	28.6%	27.8%	23.0%	23.0%	21.1%	24.6%
110,000	24.0%	25.2%	27.1%	29.7%	25.5%	30.8%	29.1%	30.5%	30.0%	29.1%	24.2%	24.4%	22.4%	25.9%
120,000	25.3%	26.1%	28.0%	30.8%	27.0%	32.2%	30.3%	31.5%	31.2%	30.1%	25.3%	25.5%	23.4%	26.9%
130,000	26.5%	26.8%	28.8%	31.8%	28.3%	33.3%	31.2%	32.5%	32.2%	31.0%	26.2%	26.5%	24.3%	27.8%
140,000	27.5%	27.6%	29.7%	32.6%	29.3%	34.3%	32.0%	33.2%	33.1%	31.5%	26.9%	27.3%	25.1%	28.6%
150,000	28.4%	28.3%	30.4%	33.4%	30.3%	35.2%	32.8%	33.9%	33.9%	32.3%	27.6%	28.1%	25.7%	29.3%
200,000	32.7%	31.7%	33.7%	36.7%	34.7%	39.0%	36.8%	38.0%	37.3%	36.1%	31.2%	31.9%	29.5%	32.7%
300,000	39.2%	36.6%	38.1%	41.1%	40.7%	43.6%	42.1%	43.1%	41.8%	41.0%	35.9%	36.8%	34.3%	37.8%
400,000	42.8%	39.4%	40.5%	43.4%	43.9%	46.0%	44.9%	45.9%	44.2%	43.6%	38.4%	39.3%	36.9%	40.6%
500,000	44.9%	41.1%	41.9%	44.8%	45.8%	47.5%	46.6%	47.5%	45.6%	45.1%	39.8%	40.9%	38.4%	42.2%
750,000	47.8%	43.4%	43.8%	46.7%	48.4%	49.4%	48.8%	49.7%	47.5%	47.2%	42.6%	42.9%	40.4%	44.4%
1,000,000	49.2%	44.6%	44.7%	47.6%	49.7%	50.4%	50.0%	50.7%	48.5%	48.2%	43.9%	44.0%	41.4%	45.5%

 

Top marginal tax rates	(%)
	BC	AB	SK	MB	ON	QC	NB	NS	PE	NL	YK	NT	NU	Non-residents1
Eligible dividends	31.44	31.71	29.64	37.78	39.34	40.00	33.51	41.58	34.22	42.61	28.93	28.33	33.08	36.72
Ineligible dividends	44.63	42.31	40.37	46.67	47.40	46.25	47.75	48.28	45.22	44.59	42.17	36.82	37.79	40.80
Capital gains	24.90	24.00	23.75	25.20	26.77	26.66	26.65	27.00	25.69	25.65	24.00	23.53	22.25	24.42
Other income	49.80	48.00	47.50	50.40	53.53	53.31	53.30	54.00	51.37	51.30	48.00	47.05	44.50	48.84

1 Assumes that non-residents will not qualify for the federal personal basic credit. 

 Provincial probate/verification fees and tax chart 

Province	Value of estates	Fees/tax
British Columbia	Up to $25,000	$0
	$25,001 to $50,000	$6 per $1,000 in excess of $25,000
	$50,001 or more	$14 per $1,000 in excess of $50,000
Alberta	Up to $10,000	$35
	$10,001 to $25,000	$135
	$25,001 to $125,000	$275
	$125,001 to $250,000	$400
	$250,001 or more	$525 maximum
Saskatchewan	Any amount	$7 per $1,000 or portion thereof
Manitoba1	Up to $10,000	$70
	$10,001 or more	$70 + $7 per $1,000 or fraction thereof in excess of $10,000
Ontario	Up to $50,000	$0
	$50,001 or more	$15 per $1,000 or portion thereof in excess of $50,000
Quebec	Non-notarial will	N/A – court verification fee only
	Notarial will	No fee
New Brunswick	Up to $5,000	$25
	$5,001 to $10,000	$50
	$10,001 to $15,000	$75
	$15,001 to $20,000	$100
	$20,001 or more	$5 per $1,000 or portion thereof in excess of $20,000 (0.5%)
Prince Edward Island	Up to $10,000	$50
	$10,001 to $25,000	$100
	$25,001 to $50,000	$200
	$50,001 to $100,000	$400
	$100,001 or more	$400 + $4 per $1,000 or fraction thereof in excess of $100,000
Nova Scotia	Up to $10,000	$85.60
	$10,001 to $25,000	$215.20
	$25,001 to $50,000	$358.15
	$50,001 to $100,000	$1,002.65
	$100,001 or more	$1,002.65 +$16.95 per $1,000 or fraction thereof in excess of $100,000
Newfoundland and Labrador	Up to $1,000	$60
	$1,001 or more	$60 + $0.60 per $100 in excess of $1,000 (0.6%)
Northwest Territories	Up to $10,000	$30
	$10,001 to $25,000	$110
	$25,001 to $125,000	$215
	$125,001 to $250,000	$325
	$250,001 or more	$435
Yukon	Up to $25,000	$0
	$25,001 or more	$140
Nunavut	Up to $10,000	$25
	$10,001 to $25,000	$100
	$25,001 to $125,000	$200
	$125,001 to $250,000	$300
	$250,001 or more	$400

1 Probate fees in Manitoba will be eliminated effective July 1, 2020. For a probate application made on or after July 1, 2005 and before July 1, 2020, the probate fees outlined here will still apply. 

Notes: 

Some provinces may also charge filing fees and other administrative costs. Provincial legislation must be reviewed to understand all applicable fees and costs. 

The value of estates is calculated according to the rules of each province, which may or may not allow deductions for such things as specific debts or property (real or personal) located outside the province. 

Fees may be payable in more than one province. 

As of October 2019, subject to change where amendments to provincial legislation and regulations occur.

Key Corporate Income Tax Rates (combined Federal & Provincial) 

For December 31 year end (12 month taxation year) 

2020 rates 

 

 

Jurisdiction	General		CCPC
	Non-M&P investment (%)	M&P (%)	Active business income	Investment income (%)
			Up to $500k federal threshold(%)
Federal only1	15.00	15.00	9.00	38.67
British Columbia2	27.00	27.00	11.00	50.67
Alberta3	24.00	24.00	11.00	47.67
Saskatchewan4	27.00	25.00	11.00	50.67
Manitoba5	27.00	27.00	9.00	50.67
Ontario6	26.50	25.00	12.20	50.17
Quebec7	26.50	26.50	14.00	50.17
New Brunswick8	29.00	29.00	11.50	52.67
Nova Scotia9	29.50	29.50	11.63	53.17
Prince Edward Island10	31.00	31.00	12.00	54.67
Newfoundland & Labrador11	30.00	30.00	12.00	53.67
Yukon12	27.00	17.50	11.00	50.67
Northwest Territories	26.50	26.50	13.00	50.17
Nunavut13	27.00	27.00	12.00	50.67

2021 Rates

 

Jurisdiction	General		CCPC
	Non-M&P investment (%)	M&P (%)	Active business income	Investment income (%)
			Up to $500k federal threshold1 (%)
Federal only1	15.00	15.00	9.00	38.67
British Columbia2	27.00	27.00	11.00	50.67
Alberta3	23.00	23.00	11.00	46.67
Saskatchewan4	27.00	25.00	11.00	50.67
Manitoba5	27.00	27.00	9.00	50.67
Ontario6	26.50	25.00	12.20	50.17
Quebec7	26.50	26.50	13.00	50.17
New Brunswick8	29.00	29.00	11.50	52.67
Nova Scotia9	29.00	29.00	11.50	52.67
Prince Edward Island10	31.00	31.00	12.00	54.67
Newfoundland & Labrador11	30.00	30.00	11.00	53.67
Yukon12	27.00	17.50	9.00	50.67
Northwest Territories	26.50	26.50	13.00	50.17
Nunavut13	27.00	27.00	12.00	50.67

M&P: Manufacturing or processing income, CCPC: Canadian Controlled Private Corporation This table is prepared from publicly available information announced as of July 2020. All changes must be pro-rated for the number of days in the taxation year. The rates may not be applicable to income earned by credit unions, mutual fund corporations, mortgage investment corporations, most deposit insurance corporations and investment corporations as the income qualifies for special tax treatment. Some of the provinces also levy a capital tax which has not been addressed in this table.
Federal: The small business income tax rate was reduced to 9% (from 10%) effective January 2019.
2 BC: The 2017 budget announced that the small business rate will be reduced to 2% from 2.5%, effective April 1, 2017. Effective January 1, 2018, the general corporate rate increased to 12% from 11%.
3 Alberta: Effective July 1, 2020, the corporate tax rate was reduced to 8% (from 10%) which was 1.5 years ahead a schedule.
4 Saskatchewan: Effective January 1, 2018 the general corporate tax rate increased to 12% (from 11.5%) and the small business limit threshold increased to $600,000 (from $500,000).
5. Manitoba announced that effective January 1, 2019 the small business limit threshold will increase to $500,000 (from $450,000).
6. Ontario: Effective January 1, 2020 the small business rate will decrease from 3.5% to 3.2%.
7 Quebec’s 2015 budget proposed to gradually reduce the general, investment and M&P rates from 11.9% to 11.5% beginning in 2017 and effective January 1 of each year. The 2018 budget announced that the small business tax rate will reduce to 7% (from 8%) effective March 28, 2018 and an additional reduction each year until reaching 4% in 2021.
8 New Brunswick: Effective April 1, 2017 the tax rate decreased to 3% (from 3.5%). The small business tax rate was further reduced to 2.5% effective April 1, 2018.
9. Nova Scotia: The general corporate tax rate reduced to 14% (from 16%) effective April 1, 2020. The small business rate was also reduced from 3% to 2.5% effective April 1, 2020.
10. Prince Edward Island: Effective January 1, 2020 the small business rate was reduced to 3% (from 3.5%), and further reduced to 2% effective January 1, 2021.
11. Newfoundland and Labrador: The 2016 budget increased the general income tax to 15% (from 14%) and eliminated the provincial M&P profits tax credit retroactive to January 1, 2016.
12. Yukon: Effective July 1, 2021 the small business rate will be reduced from 2% to 0%.
13. Nunavut: reduced the small business rate from 4% to 3% effective July 1, 2019.