Combined Corporate Federal and Provincial/Territorial Tax Rates
This information is provided for broad illustrative purposes only, and is not warranted for accuracy or applicability to any particular situation. Individual circumstances may vary from the assumptions made. Please review the latest legislation and/or engage a qualified professional to determine exact results. The rates and information are current as of the published date, but may change in the future.
| Combined Federal and Provincial/Territorial Tax Rates | |||||||
|---|---|---|---|---|---|---|---|
| Current as at January 2026 | |||||||
| Canadian Controlled Private Corporation (CCPC) | |||||||
| Province or territory | Manufacturing & Processing (M&P)* | General (Non-M&P) | Small Business Deduction limit | Income Eligible for the Small Business Deduction (SBD)** | Investment income | Personal services business rate | Capital gains |
| Alberta | 23.00% | 23.00% | $500,000 | 11.00% | 46.67% | 41.00% | 23.33% |
| British Columbia | 27.00% | 27.00% | $500,000 | 11.00% | 50.67% | 45.00% | 25.33% |
| Manitoba | 27.00% | 27.00% | $500,000 | 9.00% | 50.67% | 45.00% | 25.33% |
| New Brunswick | 29.00% | 29.00% | $500,000 | 11.50% | 52.67% | 47.00% | 26.33% |
| Newfoundland and Labrador | 30.00% | 30.00% | $500,000 | 11.50% | 53.67% | 48.00% | 26.83% |
| Nova Scotia | 29.00% | 29.00% | $700,000 | 10.50% | 52.67% | 47.00% | 26.33% |
| Northwest Territories | 26.50% | 26.50% | $500,000 | 11.00% | 50.17% | 44.50% | 25.08% |
| Nunavut | 27.00% | 27.00% | $500,000 | 12.00% | 50.67% | 45.00% | 25.33% |
| Ontario | 25.00% | 26.50% | $500,000 | 12.20% | 50.17% | 44.50% | 25.08% |
| Prince Edward Island | 30.00% | 30.00% | $600,000 | 10.00% | 53.67% | 48.00% | 26.83% |
| Quebec | 26.50% | 26.50% | $500,000 | 12.20% | 50.17% | 44.50% | 25.08% |
| Saskatchewan | 25.00% | 27.00% | $600,000 | 10.00% | 50.67% | 45.00% | 25.33% |
| Yukon | 17.50% | 27.00% | $500,000 | 9.00% | 50.67% | 45.00% | 25.33% |
| *Yukon Territory: M&P rate is 9.00% for income up to the SBD limit | |||||||
| **For a CCPC with a tax year of Jan 1 to Dec 31. Rates may vary for non-calendar tax years. | |||||||