2025 Tax Rates by Province
Combined federal and provincial rates on your next dollar of income, on a capital gain (half of the marginal rate, because 50% of a gain is taxable), and on eligible and non-eligible dividends. Pick a province for the full table by income, a worked example and the calculators.
| Province | Top marginal rate | Top capital gains rate | Top eligible dividend rate | Top non-eligible dividend rate | Top rate starts at |
|---|---|---|---|---|---|
| Newfoundland & Labrador | 54.80% | 27.40% | 46.20% | 48.96% | $1,128,858 |
| Nova Scotia | 54.00% | 27.00% | 41.58% | 49.99% | $253,414 |
| Ontario | 53.53% | 26.77% | 39.34% | 47.74% | $253,414 |
| British Columbia | 53.50% | 26.75% | 36.54% | 48.89% | $259,829 |
| Quebec | 53.31% | 26.66% | 40.11% | 48.70% | $253,414 |
| New Brunswick | 52.50% | 26.25% | 32.40% | 46.83% | $253,414 |
| Prince Edward Island | 52.00% | 26.00% | 36.54% | 47.92% | $253,414 |
| Manitoba | 50.40% | 25.20% | 37.78% | 46.67% | $253,414 |
| Alberta | 48.00% | 24.00% | 34.31% | 42.31% | $362,961 |
| Yukon | 48.00% | 24.00% | 28.93% | 44.04% | $500,000 |
| Saskatchewan | 47.50% | 23.75% | 29.64% | 41.34% | $253,414 |
| Northwest Territories | 47.05% | 23.53% | 28.33% | 36.82% | $253,414 |
| Nunavut | 44.50% | 22.25% | 33.08% | 37.79% | $253,414 |
Sources: the CRA's 2025 federal and provincial tax rates and brackets (Quebec: Revenu Québec) and KPMG's Tax Facts 2025-2026, cross-checked against TaxTips.ca. Rates are on taxable income and include the Ontario surtax and the Quebec abatement of federal tax. Credits, the alternative minimum tax and income-tested benefits are not included. Estimates only, not tax advice.