Here are the 2023 Canadian Federal and Provincial tax rates for 2023
2023 Federal tax bracket rates
- 15% up to $53,359
- 20.5% between $53,359 and $106,717
- 26% between $106,717 and $165,430
- 29% between $165,430 to $235,675
- 33% on any amount over $235,675
2023 Provincial tax bracket rates
Ontario
- 5.05% up to $49,231
- 9.15% between $49,231 and $98,463
- 11.16% between $98,463 and $150,000
- 12.16% between $150,000 and $220,000
- 13.16% on any amount exceeding $220,000
Alberta
- 10% up to $142,292
- 12% between $142,292 and $170,751
- 13% between $170,751 and $227,668
- 14% between $227,668 and $341,502
- 15% on any taxable income exceeding $341,502
Quebec
- 15% up to $49,275 of taxable income
- 20% between $49,275 and $98,540
- 24% between $98,540 and $119,910
- 25.75% on any taxable income exceeding $119,910
British Columbia
- 5.06% up to $45,654 of taxable income
- 7.7% between $45,654 and $91,310
- 10.5% between $91,310 and $104,835
- 12.29% between $104,835 and $127,299
- 14.7% between $127,299 and $172,602
- 16.8% on any amount exceeding $172,602 and $240,716
- 20.5% on any taxable income exceeding $240,716
Manitoba
- 10.8% up to $36,842 of taxable income
- 12.75% between $36,842 and $79,625
- 17.4% on any taxable income over $79,625
New Brunswick
- 9.4% up to $47,715
- 14% between $47,715 and $95,431
- 16% between $95,431 and $176,756
- 19.5% on any amount over $176,756
Newfoundland and Labrador
- 8.7% up to $41,457
- 14.5% between $41,457 and $82,913
- 15.8% between $82,913 and $148,027
- 17.8% between $148,027 and $207,239
- 19.8% between $207,239 and $264,750
- 20.8% between $264,750 and $529,500
- 21.3% between $529,500 and $1,059,000
- 21.8% on any amount over $1,059,000
Nova Scotia
- 8.79% up to $29,590
- 14.95% between $29,590 and $59,180
- 16.67% between $59,180 and $93,000
- 17.5% between $93,000 and $150,000
- 21% on any amount over $150,000
Prince Edward Island
- 9.8% up to $31,984
- 13.8% between $31,984 and $63,969
- 16.7% on any amount over $63,969
Saskatchewan
- 10.5% up to $49,720
- 12.5% between $49,720 and $142,058
- 14.5% on the amount over $142,058
Northwest Territories
- 5.9% up to $48,326
- 8.6% between $48,326 and $96,655
- 12.2% between $96,655 and $157,139
- 14.05% on any taxable income over $157,139
Nunavut
- 4% up to $50,877
- 7% between $50,877 and $101,754
- 9% between $101,754 and $165,429
- 11.5% on the amount over $165,429
Yukon
- 6.4% up to $53,359
- 9% between $53,359 and $106,717
- 10.9% between $106,717 and $165,430
- 12.8% between $165,430 and $500,000
- 15% on any taxable income over $500,000
