Excerpt from CRA Website
Federal income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 15% | on the portion of taxable income that is $55,867 or less, plus |
| 20.5% | on the portion of taxable income over $55,867 up to $111,733, plus |
| 26% | on the portion of taxable income over $111,733 up to $173,205, plus |
| 29% | on the portion of taxable income over $173,205 up to $246,752, plus |
| 33% | on the portion of taxable income over $246,752 |
See how amounts are adjusted for inflation.
2024 provincial and territorial income tax rates
Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same way as your federal income tax.
Newfoundland and Labrador income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 8.7% | on the portion of taxable income that is $43,198 or less, plus |
| 14.5% | on the portion of taxable income over $43,198 up to $86,395, plus |
| 15.8% | on the portion of taxable income over $86,395 up to $154,244, plus |
| 17.8% | on the portion of taxable income over $154,244 up to $215,943, plus |
| 19.8% | on the portion of taxable income over $215,943 up to $275,870, plus |
| 20.8% | on the portion of taxable income over $275,870 up to $551,739, plus |
| 21.3% | on the portion of taxable income over $551,739 up to $1,103,478, plus |
| 21.8% | on the portion of taxable income over $1,103,478 |
Prince Edwards Island income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 9.65% | on the portion of taxable income that is $32,656 or less, plus |
| 13.63% | on the portion of taxable income over $32,656 up to $64,313, plus |
| 16.65% | on the portion of taxable income over $64,313 up to $105,000, plus |
| 18.00% | on the portion of taxable income over $105,000 up to $140,000, plus |
| 18.75% | on the portion of taxable income over $140,000 |
Nova Scotia income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 8.79% | on the portion of taxable income that is $29,590 or less, plus |
| 14.95% | on the portion of taxable income over $29,590 up to $59,180, plus |
| 16.67% | on the portion of taxable income over $59,180 up to $93,000, plus |
| 17.5% | on the portion of taxable income over $93,000 up to $150,000, plus |
| 21% | on the portion of taxable income over $150,000 |
New Brunswick income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 9.4% | on the portion of taxable income that is $49,958 or less, plus |
| 14% | on the portion of taxable income over $49,958 up to $99,916, plus |
| 16% | on the portion of taxable income over $99,916 up to $185,064, plus |
| 19.5% | on the portion of taxable income over $185,064 |
Quebec income tax rates for 2024
Ontario income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 5.05% | on the portion of taxable income that is $51,446 or less, plus |
| 9.15% | on the portion of taxable income over $51,446 up to $102,894, plus |
| 11.16% | on the portion of taxable income over $102,894 up to $150,000, plus |
| 12.16% | on the portion of taxable income over $150,000 up to $220,000, plus |
| 13.16% | on the portion of taxable income over $220,000 |
Manitoba income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 10.8% | on the portion of taxable income that is $47,000 or less, plus |
| 12.75% | on the portion of taxable income over $47,000 up to $100,000, plus |
| 17.4% | on the portion of taxable income over $100,000 |
Saskatchewan income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 10.5% | on the portion of taxable income that is $52,057 or less, plus |
| 12.5% | on the portion of taxable income over $52,057 up to $148,734, plus |
| 14.5% | on the portion of taxable income over $148,734 |
Alberta income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 10% | on the portion of taxable income that is $148,269 or less, plus |
| 12% | on the portion of taxable income over $148,269 up to $177,922, plus |
| 13% | on the portion of taxable income over $177,922 up to $237,230, plus |
| 14% | on the portion of taxable income over $237,230 up to $355,845, plus |
| 15% | on the portion of taxable income over $355,845 |
British Columbia income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 5.06% | on the portion of taxable income that is $47,937 or less, plus |
| 7.7% | on the portion of taxable income over $47,937 up to $95,875, plus |
| 10.5% | on the portion of taxable income over $95,875 up to $110,076, plus |
| 12.29% | on the portion of taxable income over $110,076 up to $133,664, plus |
| 14.7% | on the portion of taxable income over $133,664 up to $181,232, plus |
| 16.8% | on the portion of taxable income over $181,232 up to $252,752, plus |
| 20.5% | on the portion of taxable income over $252,752 |
Yukon income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 6.4% | on the portion of taxable income that is $55,867 or less, plus |
| 9% | on the portion of taxable income over $55,867 up to $111,733, plus |
| 10.9% | on the portion of taxable income over $111,733 up to $173,205, plus |
| 12.8% | on the portion of taxable income over $1173,205 up to $500,000, plus |
| 15% | on the portion of taxable income over $500,000 |
Northwest Territories income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 5.9% | on the portion of taxable income that is $50,597 or less, plus |
| 8.6% | on the portion of taxable income over $50,597 up to $101,198, plus |
| 12.2% | on the portion of taxable income over $101,198 up to $164,525, plus |
| 14.05% | on the portion of taxable income over $164,525 |
Nunavut income tax rates for 2024
| Tax rate | Taxable income threshold |
|---|---|
| 4% | on the portion of taxable income that is $53,268 or less, plus |
| 7% | on the portion of taxable income over $53,268 up to $106,537, plus |
| 9% | on the portion of taxable income over $106,537 up to $173,205, plus |
| 11.5% | on the portion of taxable income over $173,205 |