Calculate your exact federal and provincial income tax for 2026. Shows your marginal rate, effective rate, and a full tax breakdown including CPP, EI, and all provincial taxes. Works for employees and self-employed.
Calculate GST, HST, PST, and QST for all 13 Canadian provinces and territories in real time. Works in both directions — add tax to a price or remove it from a total. Includes a province rate reference grid.
Calculate tax on stocks, investment property, and other assets. Updated for 2026 — the 50% inclusion rate is confirmed after PM Carney cancelled the proposed hike. Covers all provinces with step-by-step breakdown.
Canadian Tax System — Key Facts for 2026
Canada uses a progressive income tax system with both federal and provincial tax applied on the same income. Federal rates range from 15% to 33%, with provincial rates layered on top — making combined marginal rates as high as 53.5% in some provinces at the top bracket. However, most Canadians pay far less than the top rate thanks to the Basic Personal Amount and other credits.
For 2026, the capital gains inclusion rate remains at 50% — meaning only half your investment gain is taxable. GST remains at 5% federally, with provinces adding HST, PST, or QST on top. Quebec has its own tax agency (Revenu Québec) and uses the Quebec Pension Plan instead of CPP, making it uniquely complex — our calculators handle all of this correctly.