2026 Canadian income tax brackets

With more Canadians filing tax returns on their own, being tax-savvy is key. That starts with knowing the important dates and what tax bracket you fall in, which can go a long way to ensuring you plan ahead, so you can pay on time.

Of note this year, the 14% personal income tax rate brought into effect by the federal government in July 2025, lowered from 15%, is now fully in effect.

We’ve gathered the updated tax brackets for 2026, along with an easy-to-understand overview of the Canadian tax system to help you prepare and plan for future tax filings.

2026 federal tax bracket rates and income thresholds

• 14.0% up to $58,523 of taxable income
• 20.5% between $58,523.01 and $117,045
• 26.0% between $117,045.01 and $181,440
• 29.0% between $181,440.01 up to $258,482
• 33.0% on any taxable income exceeding $258,482

2026 tax bracket rates (largest provinces)

Ontario

• 5.05% up to $53,891 of taxable income
• 9.15% between $53,891.01 and $107,785
• 11.16% between $107,785.01 and $150,000
• 12.16% between $150,000.01 and $220,000
• 13.16% on any taxable income exceeding $220,000

Quebec

• 14.00% up to $54,345 of taxable income
• 19.00% between $54,345.01 and $108,680
• 24.00% between $108,680.01 and $132,245
• 25.75% on any taxable income exceeding $132,245

British Columbia

• 5.06% up to $ 50,363 of taxable income
• 7.70% between $ 50,363.01 and $100,728
• 10.50% between $100,728.01 and $ 115,648
• 12.29% between $115,648.01 and $140,430
• 14.70% between $140,430.01 and $190,405
• 16.80% between $190,405.01 and $265,545
• 20.50% on any taxable income exceeding $265,545

For tax bracket rates for all other provinces and territories, please scroll down for the full list below.

Important dates to keep in mind

• March 2, 2026 (since March 1 is a Sunday): Deadline to contribute to a Registered Retirement Savings Plan (RRSP), a Pool Registered Pension Plan (PRPP) or a Specified Pension Plan (SPP) to deduct against your 2025 income
• April 30, 2026: Deadline to file your tax return and pay your taxes
• June 15, 2026: Extended deadline to file your return if you or your spouse or common-law partner is self-employed (note that payment must be made by April 30, 2026)
• Most individuals who have to pay tax instalments are required to pay by these payment due dates: March 16 (since March 15 is a Sunday), June 15, September 15 and December 15

Know your sources of taxable income

Most people’s main source of taxable income is the paycheque they receive from their employer, but it’s not uncommon to have other income streams that could affect your tax filing. Other sources could include commissions, self-employment and rental income, investment income (such as interest and dividends, as well as capital gains) and a variety of pensions and government benefits . These can change over time, so visit the Canada Revenue Agency (CRA) website for the most current list.

Know your eligibility for tax deductions and credits

If you’re doing your own taxes, the value of the various deductions and credits that may be available to you can’t be understated. Tax deductions lower your taxable income and reduce how much tax you owe. RRSP contributions, self-employment expenses, home office expenses, moving expenses and child-care expenses are just some of the many deductions you should look for. Tax credits, on the other hand, reduce the amount of tax that you owe. Examples of tax credits include the basic personal exemption, qualifying medical expenses, the charitable tax credit for qualifying donations and gifts, the tuition tax credit and the Home Buyers’ Amount (HBA).

These items just scratch the surface of the tax deductions and credits you may be able to claim.

How to calculate your income taxes: Know the difference between your average and marginal tax bracket

In Canada, the more you make, the more tax you may owe. But the math isn’t quite as simple as it may seem. Canada uses a progressive tax system, in which the marginal tax rate changes depending on your tax bracket. So, whether you earn $20,000 or $1 million, every dollar within that tax bracket is taxed at the same rate, less any tax deductions or credits.

As you move to different tax brackets, the portion of your income that falls within each one gets taxed at a higher rate. That’s different from the average tax rate, which compares your total tax bill to your total taxable income, regardless of how that income was earned.

Every year, the federal and provincial governments determine the income ranges and the applicable tax rates for those ranges (the “tax brackets”). These tax brackets are updated each year as they are adjusted to account for inflation. Don’t forget, both the federal and provincial governments come out with their own tax brackets, so a bit of math is involved to calculate your average and marginal tax rates.

Note: the tax calculator is updated bi-annually with rates that are available and current at that time.

2026 tax bracket rates and income thresholds by province

Alberta

• 8% up to $61,200
• 10% between $61,200.01 and $154,259
• 12% between $154,259.01 and $185,111

• 13% between $185,111.01 and $246,813
• 14% between $246,813.01 and $370,220
• 15% on any taxable income exceeding $370,220

Manitoba

• 10.80% up to $47,000 of taxable income
• 12.75% between $47,000.01 and $100,000
• 17.40% on any taxable income exceeding $100,000

New Brunswick

• 9.4% up to $52,333 of taxable income
• 14.0% between $52,333.01 and $104,666
• 16.0% between $104,666.01 and $193,861
• 19.5% on any taxable income exceeding $193,861

Newfoundland and Labrador

• 8.7% up to $44,678 of taxable income
• 14.5% between $44,678.01 and $89,354
• 15.8% between $89,354.01 and $159,528
• 17.8% between $159,528.01 and $223,340
• 19.8% between $223,340.01 and $285,319
• 20.8% between $285,319.01 and $570,638
• 21.3% between $570,638.01 and $1,141,275
• 21.8% on any taxable income exceeding $1,141,275

Nova Scotia

• 8.79% up to $30,995 of taxable income
• 14.95% between $30,995.01 and $61,991
• 16.67% between $61,991.01 and $97,417
• 17.50% between $97,417 and $157,124
• 21.00% on any taxable income exceeding $157,124

Prince Edward Island

• 9.50% up to $33,928 of taxable income
• 13.47% between $33,928.01 and $65,820
• 16.60% between $65,820.01 and $106,890
• 17.62% between $106,890.01 and $142,250
• 19.00% on any taxable income exceeding $142,250

Saskatchewan

• 10.5% up to $54,532 of taxable income
• 12.5% between $54,532.01 and $155,805
• 14.5% on any taxable income exceeding $155,805

2026 tax bracket rates: Territories

Northwest Territories

• 5.90% up to $53,003 of taxable income
• 8.60% between $53,003.01 and $106,009
• 12.20% between $106,009.01 and $172,346
• 14.05% on any taxable income exceeding $172,346

Nunavut

• 4.0% up to $55,801 of taxable income
• 7.0% between $55,801.01 and $111,602
• 9.0% between $111,602.01 and $181,439
• 11.5% on the amount exceeding $181,439

Yukon

• 6.4% up to $58,523 of taxable income
• 9.0% between $58,523.01 and $117,045
• 10.9% between $117,045.01 and $181,440
• 12.8% between $181,440.01 and $500,000
• 15% on any taxable income exceeding $500,000

Canadian income tax summary

Taxes can be confusing, but we hope you’ve found this refresher useful. Few Canadians enjoy paying tax, but there are ways to lower your bill. One popular way to reduce how much tax you pay is to make regular contributions to your RRSP.

Tax planning is an important part of any financial plan. To ensure you’re optimizing your taxes, talk with your financial advisor to see if there are any other ways you can lower your income tax obligation that work with your overall financial plan.