Beneva
BMO Insurance
Canada Life
Desjardins Financial
Empire Life
Equitable Life
Great-West Life
Industrial Alliance
ivari
Manulife
RBC Insurance
Sun Life
2020 Income Tax Rates For Individuals
2020 Income Tax Rates For Individuals
| Taxable Income | AB | BC | MB | NB | NL | NS | NT | NU | ON | PE | QC | SK | YK |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $20,000 | 5.4% | 7.4% | 10.6% | 9.7% | 9.6% | 8.8% | 6.5% | 5.8% | 7.4% | 10.0% | 7.6% | 7.1% | 7.2% |
| $25,000 | 9.3% | 9.9% | 13.6% | 12.7% | 12.5% | 11.8% | 9.4% | 8.5% | 9.9% | 12.9% | 11.6% | 10.8% | 10.1% |
| $30,000 | 11.9% | 11.6% | 15.6% | 14.7% | 14.3% | 14.0% | 11.3% | 10.2% | 11.6% | 14.9% | 14.2% | 13.3% | 12.0% |
| $35,000 | 13.8% | 12.8% | 17.2% | 16.1% | 15.7% | 16.3% | 12.7% | 11.5% | 12.8% | 16.7% | 16.1% | 15.0% | 13.3% |
| $40,000 | 15.2% | 13.7% | 18.5% | 17.2% | 17.0% | 18.1% | 13.7% | 12.4% | 13.7% | 18.2% | 17.6% | 16.3% | 14.3% |
| $45,000 | 16.3% | 14.6% | 19.5% | 18.2% | 18.4% | 19.5% | 14.6% | 13.1% | 14.5% | 19.4% | 18.7% | 17.3% | 15.1% |
| $50,000 | 17.3% | 15.6% | 20.5% | 19.5% | 19.6% | 20.7% | 15.6% | 14.1% | 15.6% | 20.5% | 20.2% | 18.5% | 16.0% |
| $55,000 | 18.5% | 16.7% | 21.7% | 21.0% | 21.0% | 22.1% | 16.9% | 15.3% | 16.9% | 21.7% | 21.8% | 19.8% | 17.2% |
| $60,000 | 19.5% | 17.7% | 22.6% | 22.2% | 22.2% | 23.3% | 17.9% | 16.3% | 17.9% | 22.8% | 23.0% | 20.9% | 18.2% |
| $70,000 | 21.1% | 19.2% | 24.2% | 24.0% | 24.0% | 25.4% | 19.5% | 17.9% | 19.6% | 24.7% | 25.1% | 22.7% | 19.8% |
| $80,000 | 22.3% | 20.3% | 25.7% | 25.4% | 25.5% | 26.9% | 20.7% | 19.1% | 20.9% | 26.2% | 26.6% | 23.9% | 21.0% |
| $90,000 | 23.2% | 21.4% | 27.1% | 26.6% | 26.7% | 28.0% | 21.7% | 20.1% | 22.1% | 27.5% | 27.8% | 25.0% | 22.0% |
| $100,000 | 24.1% | 22.6% | 28.3% | 27.8% | 27.8% | 29.1% | 23.0% | 21.1% | 23.7% | 28.6% | 29.2% | 25.9% | 23.0% |
| $110,000 | 25.2% | 24.0% | 29.7% | 29.1% | 29.1% | 30.5% | 24.4% | 22.4% | 25.5% | 30.0% | 30.8% | 27.1% | 24.2% |
| $120,000 | 26.1% | 25.3% | 30.8% | 30.3% | 30.1% | 31.5% | 25.5% | 23.4% | 27.0% | 31.2% | 32.2% | 28.0% | 25.3% |
| $130,000 | 26.8% | 26.5% | 31.8% | 31.2% | 31.0% | 32.5% | 26.5% | 24.3% | 28.3% | 32.2% | 33.3% | 28.8% | 26.2% |
| $140,000 | 27.6% | 27.5% | 32.6% | 32.0% | 31.5% | 33.2% | 27.3% | 25.1% | 29.3% | 33.1% | 34.3% | 29.7% | 26.9% |
| $150,000 | 28.3% | 28.4% | 33.4% | 32.8% | 32.3% | 33.9% | 28.1% | 25.7% | 30.3% | 33.9% | 35.2% | 30.4% | 27.6% |
| $200,000 | 31.7% | 32.7% | 36.7% | 36.8% | 36.1% | 38.0% | 31.9% | 29.5% | 34.7% | 37.3% | 39.0% | 33.7% | 31.2% |
| $300,000 | 36.6% | 39.2% | 41.1% | 42.1% | 41.0% | 43.1% | 36.8% | 34.3% | 40.7% | 41.8% | 43.6% | 38.1% | 35.9% |
| $400,000 | 39.4% | 42.8% | 43.4% | 44.9% | 43.6% | 45.9% | 39.3% | 36.9% | 43.9% | 44.2% | 46.0% | 40.5% | 38.4% |
| $500,000 | 41.1% | 44.9% | 44.8% | 46.6% | 45.1% | 47.5% | 40.9% | 38.4% | 45.8% | 45.6% | 47.5% | 41.9% | 39.8% |
| $750,000 | 43.4% | 47.8% | 46.7% | 48.8% | 47.2% | 49.7% | 42.9% | 40.4% | 48.4% | 47.5% | 49.4% | 43.8% | 42.6% |
| $1,000,000 | 44.6% | 49.2% | 47.6% | 50.0% | 48.2% | 50.7% | 44.0% | 41.4% | 49.7% | 48.5% | 50.4% | 44.7% | 43.9% |
Source: Goverment of Canada - Canada Revenue Agency > Canada Pension Plan (CPP)