Federal Only Tax Rates

Federal Only

2025 Tax Rates

Personal Income Tax — Combined Federal + Provincial

Top marginal rates — 2025
Other income 33%Capital gains 16.5%Elig. dividends 24.81%Non-elig. dividends 27.57%
Income Range Other Income Capital Gains Eligible Dividends Non-Elig. Dividends
Up to $57,37514.5%7.25%-0.72%6.29%
$57,375 – $114,75020.5%10.25%7.56%13.19%
$114,750 – $177,88226%13%15.15%19.52%
$177,882 – $253,41429.31%14.66%19.72%23.33%
Over $253,41433%16.5%24.81%27.57%

Federal rate reduced from 15% to 14% effective July 1 2025; 14.5% is the blended annual rate for 2025.

Corporate Income Tax

Corporate tax data for 2025 is not yet available.

Integrated Rates — Corporate + Personal

Integrated rate data for 2025 requires both personal and corporate rate data.

All rates are % of actual amount received: dividend rates apply to the actual dividend (not the grossed-up taxable amount) and capital gains rates apply to the total gain (not the 50% taxable inclusion). A negative eligible dividend rate means the dividend tax credit exceeds the gross-up, resulting in a net tax refund on that income. Corporate rates shown are combined federal and Federal Only provincial rates and may differ from federal-only figures. The integration analysis compares routes for a top-bracket individual shareholder and is an approximation only; actual results depend on individual circumstances.