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March 15, 2020

Personal Tax Card - 2020

Quick Reference Card

Information up to date as of January 15, 20201

2020 BASIC FEDERAL PERSONAL EXEMPTION: $13,229

Top Marginal Rates

ProvinceBracket ThresholdInterest & Other IncomeCapital GainsEligible DividendsNon-Eligible Dividends
BC$214,36949.80%24.90%31.44%44.64%
AB$314,92948.00%24.00%31.71%42.30%
SK$214,36947.50%23.75%29.64%40.37%
MB$214,36950.40%25.20%37.78%46.67%
ON$220,00153.53%26.76%39.34%47.74%
QC$214,36953.31%26.65%40.11%47.14%
NB$214,36953.30%26.65%33.51%47.75%
NS$214,36954.00%27.00%41.58%48.27%
PEI$214,36951.37%25.69%34.22%45.23%
NL$214,36951.30%25.65%42.61%44.59%
YK$500,00148.00%24.00%28.92%42.17%
NT$214,36947.05%23.53%28.33%36.82%
NU$214,36944.50%22.25%33.08%37.79%

Federal Brackets & Rates

FromUp toRate
$13,230$48,53515.00%
$48,536$97,06920.50%
$97,070$150,47326.00%
$150,474$214,36829.00%
$214,369 33.00%

 

1Unless specified otherwise, tax rates reflect budget proposals and news releases current to January 15, 2020 and are combined (federal plus provincial) rates.

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