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πŸ‡¨πŸ‡¦ Canada Tax Guide 2026

Income tax brackets, social contributions for Canada in 2026. Data sourced from OECD and national tax authorities.

Last reviewed: Β· Source: www.canada.ca/en/revenue-agency.html

Key Facts β€” 2026

  • β†’Federal income tax: 15%–33% progressive; basic personal amount (BPA) exempts first ~$16,129.
  • β†’Provincial tax adds 5.05%–25.75% depending on province β€” Ontario top combined rate ~53.5%.
  • β†’CPP and EI: total employee contributions ~7.6% up to income caps.
  • β†’Canada taxes worldwide income of tax residents.
  • β†’Capital gains: 50% of gains included in income (inclusion rate); no separate CGT.
  • β†’TFSA and RRSP accounts provide significant tax-sheltered savings opportunities.

Top Rate

33%

Effective @ $100k

26%

Taxation Basis

Worldwide

Income Tax Brackets (2026)

Income from (CAD)Income to (CAD)Rate
0CAD 57,37515%
57,376CAD 114,75020.50%
114,751CAD 158,51926%
158,520CAD 220,00029%
220,001No limit33%

Standard deduction: CAD 16,129 applied before brackets.

Social Contributions (2026)

ContributionPayerRateCap (CAD)
CPP (Canada Pension Plan, employee)employee5.95%68,500
EI (Employment Insurance, employee)employee1.66%65,700
CPP (employer)employer5.95%68,500
EI (employer)employer2.32%65,700

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This page is for informational and planning purposes only β€” not tax advice. Tax laws change frequently; always verify with a qualified tax professional or the national tax authority. Data accuracy target: 90%+ for a single filer with no dependents. See our methodology for sources and limitations.