Income Taxes in Canada 2017

Income Taxes 2017

Filing your income taxes in Canada

For individual taxpayers, April 30, 2017 is the due date for Canadian taxes.

Federal Income Taxes (2017)

The Canada Revenue Agency (CRA) administers the federal income tax system. Federal income taxes, both personal and corporate are levied under the provisions of the Income Tax Act. Each year, people who are Canadian residents for tax purposes complete an income tax return.


Federal Income Tax Rates for 2017

  • 15% on the first $45,916 of taxable income, +
  • 20.5% on the next $45,915 of taxable income (on the portion of taxable income over $45,916 up to $91,831), +
  • 26% on the next $50,522 of taxable income (on the portion of taxable income over $91,831 up to $142,353), +
  • 29% on the next $60,447 of taxable income (on the portion of taxable income over $142,353 up to $202,800), +
  • 33% of taxable income over $202,800.

Provincial Income Taxes (2017)

Provincial and territorial income taxes are levied under various provincial statutes.

Newfoundland and Labrador

8.7% on the first $35,851 of taxable income, +
14.5% on the next $35,850, +
15.8% on the next $56,309, +
17.3% on the next $51,204, +
18.3% on the amount over $179,214

Prince Edward Island

9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969

Nova Scotia

8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000

New Brunswick

9.68% on the first $41,059 of taxable income, +
14.82% on the next $41,060, +
16.52% on the next $51,388, +
17.84% on the next $18,593, +
20.3% on the amount over $152,100

Quebec

16% on the first $42,705 or less
20% on more than $42,705, but not more than $85,405
24% on more than $85,405, but not more than $103,915
25.75% on more than $103,915

Ontario

5.05% on the first $42,201 of taxable income, +
9.15% on the next $42,203, +
11.16% on the next $65,596, +
12.16% on the next $70,000, +
13.16 % on the amount over $220,000

Manitoba

10.8% on the first $31,465 of taxable income, +
12.75% on the next $36,540, +
17.4% on the amount over $68,005

Saskatchewan

11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta

10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

British Columbia

5.06% on the first $38,898 of taxable income, +
7.7% on the next $38,899, +
10.5% on the next $11,523, +
12.29% on the next $19,140, +
14.7% on the amount over $108,460

Yukon

6.4% on the first $45,916 of taxable income, +
9% on the next $45,915, +
10.9% on the next $50,522, +
12.8% on the next $357,647, +
15% on the amount over $500,000

Northwest Territories

5.9% on the first $41,585 of taxable income, +
8.6% on the next $41,587, +
12.2% on the next $52,047, +
14.05% on the amount over $135,219

Nunavut

4% on the first $43,780 of taxable income, +
7% on the next $43,780, +
9% on the next $54,793, +
11.5% on the amount over $142,353

Sources:

Canada Revenue Agency

Revenu Quebec

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