Tax Rates

2022 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 $170,000 and his investment portfolio earns interest income, which is fully taxable. Using the tables below, he will be liable for $0.4835 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 48.35%. Therefore, he can expect to reduce his tax liability by $4,835. 

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 January 1, 2022 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 2022


British Columbia 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 21,006 15.00 7.50 6.87 -0.03
21,007 to 21,866 20.06 10.03 10.44 -9.61
21,867 to 35,659 23.62 11.81 14.53 -4.70
35,660 to 43,070 20.06 10.03 10.44 -9.61
43,071 to 50,197 22.70 11.35 13.48 -5.96
50,198 to 86,141 28.20 14.10 19.81 1.63
86,142 to 98,901 31.00 15.50 23.02 5.49
98,902 to 100,392 32.79 16.40 25.08 7.96
100,393 to 120,094 38.29 19.15 31.40 15.55
120,095 to 155,625 40.70 20.35 34.17 18.88
155,626 to 162,832 44.08 22.04 38.07 23.55
162,833 to 221,708 46.18 23.09 40.48 26.44
221,709 to 227,091 49.80 24.90 44.64 31.43
227,092 and over 53.50 26.75 48.89 36.54

Alberta 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 19,369 15.00 7.50 6.87 -0.03
19,370 to 50,197 25.00 12.50 15.86 2.57
50,198 to 100,392 30.50 15.25 22.19 10.16
100,393 to 131,220 36.00 18.00 28.51 17.75
131,221 to 155,625 38.00 19.00 30.81 20.51
155,626 to 157,464 41.38 20.69 34.70 25.18
157,465 to 209,952 42.38 21.19 35.85 26.56
209,953 to 221,708 43.38 21.69 37.00 27.94
221,709 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 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 16,615 15.00 7.50 6.87 -0.03
16,616 to 46,773 25.50 12.75 16.53 -0.72
46,774 to 50,197 27.50 13.75 18.83 2.04
50,198 to 100,392 33.00 16.50 25.16 9.63
100,393 to 133,638 38.50 19.25 31.48 17.22
133,639 to 155,625 40.50 20.25 33.78 19.98
155,626 to 221,708 43.88 21.94 37.67 24.65
221,709 and over 47.50 23.75 41.83 29.64
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Manitoba 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 15,963 15.00 7.50 6.87 -0.03
15,964 to 22,944 34.80 17.40 28.74 16.25
22,945 to 34,431 25.80 12.90 18.39 3.84
34,432 to 50,197 27.75 13.88 20.63 6.53
50,198 to 74,416 33.25 16.63 26.96 14.12
74,417 to 100,392 37.90 18.95 32.31 20.53
100,393 to 155,625 43.40 21.70 38.63 28.12
155,626 to 221,708 46.78 23.39 42.52 32.79
221,709 and over 50.40 25.20 46.68 37.78
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Ontario 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 16,230 15.00 7.50 6.87 -0.03
16,231 to 21,319 25.10 12.55 11.63 -13.69
21,320 to 46,226 20.05 10.02 9.25 -6.86
46,227 to 50,197 24.15 12.08 13.96 -1.20
50,198 to 81,409 29.65 14.83 20.29 6.39
81,410 to 92,454 31.48 15.74 22.39 8.92
92,455 to 95,907 33.89 16.95 25.17 12.24
95,908 to 100,392 37.91 18.96 29.78 17.79
100,393 to 150,000 43.41 21.71 36.10 25.38
150,001 to 155,625 44.97 22.49 37.90 27.53
155,626 to 220,000 48.35 24.18 41.79 32.19
220,001 to 221,708 49.91 24.96 43.58 34.35
221,709 and over 53.53 26.77 47.74 39.34
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Québec 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 16,143 12.52 6.26 5.74 -0.03
16,144 to 46,295 27.52 13.76 19.06 4.52
46,296 to 50,197 32.52 16.26 24.81 11.42
50,198 to 92,580 37.12 18.56 30.09 17.77
92,581 to 100,392 41.12 20.56 34.69 23.29
100,393 to 112,655 45.71 22.86 39.97 29.62
112,656 to 155,625 47.46 23.73 41.98 32.04
155,626 to 221,708 50.28 25.14 45.23 35.94
221,709 and over 53.30 26.65 48.70 40.11
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New Brunswick 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 18,268 15.00 7.50 6.87 -0.03
18,269 to 41,614 27.4 13.7 17.97 -2.24
41,615 to 44,887 24.40 12.20 14.52 -6.38
44,888 to 50,197 29.82 14.91 20.75 1.10
50,198 to 89,775 35.32 17.66 27.08 8.69
89,776 to 100,392 37.02 18.51 29.04 11.04
100,393 to 145,955 42.52 21.26 35.36 18.63
145,956 to 155,625 43.84 21.92 36.88 20.45
155,626 to 166,280 47.22 23.61 40.77 25.12
166,281 to 221,708 49.68 24.84 43.60 28.51
221,709 and over 53.30 26.65 47.76 33.50
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Nova Scotia 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 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 50,197 30.48 15.24 21.23 9.12
50,198 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 100,392 38.00 19.00 29.88 19.50
100,393 to 150,000 43.50 21.75 36.21 27.09
150,001 to 155,625 47.00 23.50 40.23 31.92
155,626 to 221,708 50.38 25.19 44.12 36.59
221,709 and over 54.00 27.00 48.28 41.58
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PEI 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 14,821 15.00 7.50 6.87 -0.03
14,822 to 20,000 24.80 12.40 16.64 -1.00
20,001 to 27,000 29.80 14.90 22.39 5.90
27,001 to 31,984 24.80 12.40 16.64 -1.00
31,985 to 50,197 28.80 14.40 21.24 4.52
50,198 to 63,969 34.30 17.15 27.57 12.11
63,970 to 100,221 37.20 18.60 30.91 16.12
100,222 to 100,392 38.87 19.44 32.68 16.98
100,393 to 155,625 44.37 22.19 39.00 24.57
155,626 to 221,708 47.75 23.88 42.89 29.23
221,709 and over 51.37 25.69 47.05 34.23
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Newfoundland & Labrador 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 21,196 15.00 7.50 6.87 -0.03
21,197 to 27,391 39.70 19.85 31.60 25.37
27,392 to 39,147 23.70 11.85 13.20 3.29
39,148 to 50,197 29.50 14.75 19.87 11.29
50,198 to 78,294 35.00 17.50 26.20 18.88
78,295 to 100,392 36.30 18.15 27.69 20.67
100,393 to 139,780 41.80 20.90 34.01 28.26
139,781 to 155,625 43.80 21.90 36.31 31.02
155,626 to 195,693 47.18 23.59 40.20 35.69
195,694 to 221,708 49.18 24.59 42.50 38.45
221,709 to 250,000 52.80 26.40 46.66 43.44
250,001 to 500,000 53.80 26.90 47.81 44.82
500,001 to 1,000,000 54.30 27.15 48.39 45.51
1,000,001 and over 54.80 27.40 48.96 46.20
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Northwest Territories 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 15,609 15.00 7.50 6.87 -0.03
15,610 to 45,462 20.90 10.45 6.76 -7.76
45,463 to 50,197 23.60 11.80 9.86 -4.03
50,198 to 90,927 29.10 14.55 16.19 3.56
90,928 to 100,392 32.70 16.35 20.33 8.53
100,393 to 147,826 38.20 19.10 26.65 16.12
147,827 to 155,625 40.05 20.03 28.78 18.67
155,626 to 221,708 43.43 21.72 32.67 23.34
221,709 and over 47.05 23.52 36.83 28.33
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Nunavut 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 16,862 15.00 7.50 6.87 -0.03
16,863 to 47,862 19.00 9.50 8.47 -2.11
47,863 to 50,197 22.00 11.00 11.92 2.03
50,198 to 95,724 27.50 13.75 18.25 9.62
95,725 to 100,392 29.50 14.75 20.55 12.38
100,393 to 155,625 35.00 17.50 26.87 19.97
155,626 to 221,708 40.88 20.44 33.64 28.09
221,709 and over 44.50 22.25 37.80 33.08
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Yukon 2022

Taxable Income ($) Marginal Tax Rates (%)
Interest and Regular Income Capital Gains Non-eligible Canadian Dividends Eligible Canadian Dividends
$ - to 14,398 - - - -
14,399 to 50,197 21.40 10.70 13.46 -7.79
50,198 to 100,392 29.50 14.75 22.78 3.39
100,393 to 155,625 36.90 18.45 31.28 13.60
155,626 to 221,708 42.34 21.17 37.55 21.11
221,709 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 January 1, 2022 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.