Tax Rates

2021 Canadian Federal / Provincial Marginal Tax Rates

Marginal Tax Rates calculate the amount of combined federal and provincial taxes payable on the next dollar of income. For example, assume an Ontario resident taxpayer has taxable income of $160,000 and his investment portfolio earns interest income, which is fully taxable. Using the tables below, he will be liable for $0.4819 on each additional dollar of interest income earned.

Also, these tables help to calculate the level of tax savings a taxpayer may receive from RRSP contributions. For example, assume this same Ontario resident contributes $10,000 to his RRSP. Using the tables below, his marginal tax rate is 48.19%. Therefore, he can expect to reduce his tax liability by $4,819. 

These rates are the combined federal and provincial marginal rates, including all surtaxes. It is assumed that the only credits claimed are the basic personal amount and the low income tax reduction (where applicable). These rates are correct as at July 1, 2021 and do not reflect changes resulting from federal or provincial announcements after that date.

Select a province below to view the Canadian federal/provincial marginal tax rates.

Current as of: January 2021


British Columbia 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 20,576 15.00 7.50 6.87 -0.03
20,577 to 21,417 20.06 10.03 10.44 -9.61
21,418 to 34,929 23.62 11.81 14.53 -4.70
34,930 to 42,184 20.06 10.03 10.44 -9.61
42,185 to 49,020 22.70 11.35 13.48 -5.96
49,021 to 84,369 28.20 14.10 19.81 1.63
84,370 to 96,866 31.00 15.50 23.02 5.49
96,867 to 98,040 32.79 16.40 25.08 7.96
98,041 to 117,623 38.29 19.15 31.40 15.55
117,624 to 151,978 40.70 20.35 34.17 18.88
151,979 to 159,483 44.02 22.01 38.00 23.46
159,484 to 216,511 46.12 23.06 40.41 26.35
216,512 to 222,420 49.80 24.90 44.64 31.43
222,421 and over 53.50 26.75 48.89 36.54
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Alberta 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 19,369 15.00 7.50 6.87 -0.03
19,370 to 49,020 25.00 12.50 15.86 2.57
49,021 to 98,040 30.50 15.25 22.19 10.16
98,041 to 131,220 36.00 18.00 28.51 17.75
131,221 to 151,978 38.00 19.00 30.81 20.51
151,979 to 157,464 41.32 20.66 34.63 25.09
157,465 to 209,952 42.32 21.16 35.78 26.47
209,953 to 216,511 43.32 21.66 36.93 27.85
216,512 to 314,928 47.00 23.50 41.16 32.93
314,929 and over 48.00 24.00 42.31 34.31
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Saskatchewan 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 16,065 15.00 7.50 6.87 -0.03
16,066 to 45,677 25.50 12.75 17.00 -0.72
45,678 to 49,020 27.50 13.75 19.30 2.04
49,021 to 98,040 33.00 16.50 25.63 9.63
98,041 to 130,506 38.50 19.25 31.95 17.22
130,507 to 151,978 40.50 20.25 34.25 19.98
151,979 to 216,511 43.82 21.91 38.07 24.56
216,512 and over 47.50 23.75 42.30 29.64
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Manitoba 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 15,849 15.00 7.50 6.87 -0.03
15,850 to 22,944 34.80 17.40 28.74 16.25
22,945 to 33,723 25.80 12.90 18.39 3.84
33,724 to 49,020 27.75 13.88 20.63 6.53
49,021 to 72,885 33.25 16.63 26.96 14.12
72,886 to 98,040 37.90 18.95 32.31 20.53
98,041 to 151,978 43.40 21.70 38.63 28.12
151,979 to 216,511 46.72 23.36 42.45 32.70
216,512 and over 50.40 25.20 46.68 37.78
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Ontario 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 15,850 15.00 7.50 6.87 -0.03
15,851 to 20,821 25.10 12.55 11.63 -13.69
20,822 to 45,142 20.05 10.02 9.25 -6.86
45,143 to 49,020 24.15 12.08 13.96 -1.20
49,021 to 79,500 29.65 14.83 20.29 6.39
79,501 to 90,287 31.48 15.74 22.39 8.92
90,288 to 93,656 33.89 16.95 25.17 12.24
93,657 to 98,040 37.91 18.96 29.78 17.79
98,041 to 150,000 43.41 21.71 36.10 25.38
150,001 to 151,978 44.97 22.49 37.90 27.53
151,979 to 216,511 48.29 24.15 41.72 32.11
216,512 to 220,000 51.97 25.99 45.95 37.19
220,001 and over 53.53 26.77 47.74 39.34
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Québec 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 15,728 12.52 6.26 5.74 -0.03
15,729 to 45,105 27.52 13.76 18.38 4.52
45,106 to 49,020 32.52 16.26 24.13 11.42
49,021 to 90,200 37.12 18.56 29.41 17.77
90,201 to 98,040 41.12 20.56 34.01 23.29
98,041 to 109,755 45.71 22.86 39.29 29.62
109,756 to 151,978 47.46 23.73 41.30 32.04
151,979 to 216,511 50.24 25.12 44.49 35.87
216,512 and over 53.30 26.65 48.02 40.11
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New Brunswick 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 17,840 15.00 7.50 6.87 -0.03
17,841 to 40,639 27.40 13.70 17.97 -2.24
40,640 to 43,835 24.40 12.20 14.52 -6.38
43,836 to 49,020 29.82 14.91 20.75 1.10
49,021 to 87,671 35.32 17.66 27.08 8.69
87,672 to 98,040 37.02 18.51 29.04 11.04
98,041 to 142,534 42.52 21.26 35.36 18.63
142,535 to 151,978 43.84 21.92 36.88 20.45
151,979 to 162,383 47.16 23.58 40.70 25.03
162,384 to 216,511 49.62 24.81 43.53 28.42
216,512 and over 53.30 26.65 47.76 33.50
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Nova Scotia 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 14,894 15.00 7.50 6.87 -0.03
14,895 to 15,000 23.79 11.90 13.54 -0.11
15,001 to 21,000 28.79 14.40 19.29 6.79
21,001 to 25,000 23.79 11.90 13.54 -0.11
25,001 to 29,590 24.32 12.16 14.15 0.62
29,591 to 49,020 30.48 15.24 21.23 9.12
49,021 to 59,180 35.98 17.99 27.56 16.71
59,181 to 75,000 37.70 18.85 29.54 19.09
75,001 to 93,000 37.17 18.59 28.93 18.35
93,001 to 98,040 38.00 19.00 29.88 19.50
98,041 to 150,000 43.50 21.75 36.21 27.09
150,001 to 151,978 47.00 23.50 40.23 31.92
151,979 to 216,511 50.32 25.16 44.05 36.50
216,512 and over 54.00 27.00 48.28 41.58
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PEI 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 14,071 15.00 7.50 6.87 -0.03
14,072 to 19,000 24.80 12.40 15.89 -1.00
19,001 to 26,000 29.80 14.90 21.64 5.90
26,001 to 31,984 24.80 12.40 15.89 -1.00
31,985 to 49,020 28.80 14.40 20.49 4.52
49,021 to 63,969 34.30 17.15 26.82 12.11
63,970 to 98,040 37.20 18.60 30.16 16.12
98,041 to 99,781 42.70 21.35 36.48 23.71
99,782 to 151,978 44.37 22.19 38.18 24.57
151,979 to 216,511 47.69 23.85 42.00 29.15
216,512 and over 51.37 25.69 46.23 34.23
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Newfoundland & Labrador 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 20,619 15.00 7.50 6.87 -0.03
20,620 to 25,645 39.70 19.85 31.25 26.61
25,646 to 38,081 23.70 11.85 12.85 4.53
38,082 to 49,020 29.50 14.75 19.52 12.53
49,021 to 76,161 35.00 17.50 25.85 20.12
76,162 to 98,040 36.30 18.15 27.34 21.91
98,041 to 135,973 41.80 20.90 33.66 29.50
135,974 to 151,978 43.30 21.65 35.39 31.57
151,979 to 190,363 46.62 23.31 39.21 36.15
190,364 to 216,511 47.62 23.81 40.36 37.53
216,512 and over 51.30 25.65 44.59 42.61
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Northwest Territories 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 15,243 15.00 7.50 6.87 -0.03
15,244 to 44,396 20.90 10.45 6.76 -7.76
44,397 to 49,020 23.60 11.80 9.86 -4.03
49,021 to 88,796 29.10 14.55 16.19 3.56
88,797 to 98,040 32.70 16.35 20.33 8.53
98,041 to 144,362 38.20 19.10 26.65 16.12
144,363 to 151,978 40.05 20.03 28.78 18.67
151,979 to 216,511 43.37 21.69 32.60 23.25
216,512 and over 47.05 23.52 36.83 28.33
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Nunavut 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 16,467 15.00 7.50 6.87 -0.03
16,468 to 46,740 19.00 9.50 8.47 -2.11
46,741 to 49,020 22.00 11.00 11.92 2.03
49,021 to 93,480 27.50 13.75 18.25 9.62
93,481 to 98,040 29.50 14.75 20.55 12.38
98,041 to 151,978 35.00 17.50 26.87 19.97
151,979 to 216,511 40.82 20.41 33.57 28.00
216,512 and over 44.50 22.25 37.80 33.08
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Yukon 2021

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 13,808 - - - -
13,809 to 49,020 21.40 10.70 13.46 -7.79
49,021 to 98,040 29.50 14.75 22.78 3.39
98,041 to 151,978 36.90 18.45 31.28 13.60
151,979 to 216,511 42.26 21.13 37.45 20.99
216,512 to 500,000 45.80 22.90 41.52 25.88
500,001 and over 48.00 24.00 44.04 28.92
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The above rates are the combined federal and provincial marginal rates, including all surtaxes. It is assumed that the only credits claimed are the basic personal amount and the low income tax reduction (where applicable). These rates are correct as at July 1, 2021 and do not reflect changes resulting from federal or provincial announcements after that date.

Note: The information provided here is not intended to replace personalized tax advice from a qualified tax professional.