Tax Tables
Canada: General Corporate Income Tax Rates
General Corporate Income Tax Rates – Combined Federal and Provincial
Based on Calendar Year-End
| 2021 | 2022 | |
|---|---|---|
| Federal | 15.00% | 15.00% |
| Alberta | 23.00% | 23.00% |
| British Columbia | 27.00% | 27.00% |
| Saskatchewan | 27.00% | 27.00% |
| Manitoba | 27.00% | 27.00% |
| Ontario | 26.50% | 26.50% |
| Quebec | 26.50% | 26.50% |
| New Brunswick | 29.00% | 29.00% |
| Nova Scotia | 29.00% | 29.00% |
| Prince Edward Island | 31.00% | 31.00% |
| Newfoundland and Labrador | 30.00% | 30.00% |
| Northwest Territories | 26.50% | 26.50% |
| Nunavut | 27.00% | 27.00% |
| Yukon | 27.00% | 27.00% |
Corporate Income Tax Rates – Combined Federal and Provincial
Small Business Rate
Based on Calendar Year-End
| 2021 | 2022 | Small Business Limit (2022) | |
|---|---|---|---|
| Federal Only | 9.00% | 9.00% | $500,000 |
| Alberta | 11.00% | 11.00% | $500,000 |
| British Columbia | 11.00% | 11.00% | $500,000 |
| Saskatchewan | 9.00% | 9.50% | $600,000 |
| Manitoba | 9.00% | 9.00% | $500,000 |
| Ontario | 12.20% | 12.20% | $500,000 |
| Quebec | 12.38% | 12.20% | $500,000 |
| New Brunswick | 11.50% | 11.50% | $500,000 |
| Nova Scotia | 11.50% | 11.50% | $500,000 |
| Prince Edward Island | 11.00% | 10.00% | $500,000 |
| Newfoundland and Labrador | 12.00% | 12.00% | $500,000 |
| Northwest Territories | 11.00% | 11.00% | $500,000 |
| Nunavut | 12.00% | 12.00% | $500,000 |
| Yukon | 9.00% | 9.00% | $500,000 |