Canada’s personal income tax rates are among the highest in the industrialized world.
income tax rates
March 4, 2020
8:56AM
Canada's economy is expected to grow by a tepid 1.6 per cent in 2020.
February 18, 2020
3:52PM
The province’s top marginal PIT rate will increase from 16.8 per cent to 20.5 per cent.
January 30, 2020
11:44AM
The government’s plan to increase the “basic personal amount” will cost nearly $7 billion annually.
January 23, 2020
1:22PM
In Canada, 36.1 per cent of people in the top decile in 2017 were not in the top decile five years earlier.
July 30, 2019
8:41AM
Some taxpayers change their behaviour when tax rates increase.
July 18, 2019
10:42AM
The Trudeau government raised the top income tax rate from 29 per cent to 33 per cent.
July 4, 2019
9:21AM
Ottawa increased the income tax rate for “top earners" from 29 per cent to 33 per cent.
March 12, 2019
2:42PM
The federal government's income tax hikes took effect in 2016.