2026 Ontario Income Tax Brackets & Rates
Federal and provincial tax brackets, capital gains rates, and corporate tax rates for Ontario in tax year 2026.
Canadian Federal Income Tax Brackets (2026)
| From | To | Rate |
|---|---|---|
| CA$0 | CA$58,523 | 14.00% |
| CA$58,523 | CA$117,045 | 20.50% |
| CA$117,045 | CA$181,440 | 26.00% |
| CA$181,440 | CA$258,482 | 29.00% |
| CA$258,482 | No limit | 33.00% |
Ontario Provincial Income Tax Brackets (2026)
| From | To | Rate |
|---|---|---|
| CA$0 | CA$53,891 | 5.05% |
| CA$53,891 | CA$107,785 | 9.15% |
| CA$107,785 | CA$150,000 | 11.16% |
| CA$150,000 | CA$220,000 | 12.16% |
| CA$220,000 | No limit | 13.16% |
Additional Information
- Federal Corporate Tax Rate
- 15.00%
- Provincial Corporate Tax Rate
- 11.50%
- Federal Basic Personal Amount
- CA$16,452
Sources & Trust
Every figure above is traceable to a published source. Each source is rated by what published it, not by how confident we feel about it.
Federal (Canada) — 2026
OfficialValues verifiedThe federal capital-gains inclusion is modelled with a single simplified factor, and the federal basic personal amount phase-out is not modelled.
- Rate bracketsTier 1 · Primary authority
- Capital gainsTier 2 · Official, not operative
- Corporate rateTier 3 · Expert secondary
- Basic personal amountTier 3 · Expert secondary
- Dividend tax creditTier 3 · Expert secondary
9 sources— show— hide
Cited for Rate brackets · confirmed
Primary citation recorded with the tax table entry; coverage beyond the rate brackets is unconfirmed.
Cited for Rate brackets · confirmed
Directly fetched; primary legislative text.
- Prime Minister Mark Carney Cancels Proposed Capital Gains Tax Increasepm.gc.caTier 2 · Official, not operative
Cited for Capital gains · confirmed
Directly fetched; cancellation announced with no expiry.
Cited for Rate brackets, Basic personal amount · confirmed
Directly fetched; identical 2026 thresholds/rates.
Cited for Rate brackets · confirmed
Referenced via WebSearch summary of EY's 2026 rate card; identical bracket thresholds and rates (14/20.5/26/29/33%).
Cited for Capital gains · confirmed
Directly fetched; confirms no revival in Budget 2025.
Cited for Corporate rate · confirmed
Directly fetched; PwC's 2026-dated summary states the same 38%-10%-13%=15% federal rate with no change noted.
Cited for Dividend tax credit · confirmed
Directly fetched; same 15.0198% rate applies through 2026.
Cited for Dividend tax credit · confirmed
Directly fetched; explicit statement that the rate is identical for 2025 and 2026.
How we rate sources — tiers are derived from what published the document, not from our confidence in it.
Ontario — 2026
OfficialValues verifiedBrackets from the CRA 2026 rate page; basic personal amount, surtax thresholds and health premium from CRA T4032ON (January 2026). The Ontario tax reduction and the LIFT credit are not modelled.
- Rate bracketsTier 1 · Primary authority
- Capital gainsTier 2 · Official, not operative
- Corporate rateTier 1 · Primary authority
- Basic personal amountTier 3 · Expert secondary
- Dividend tax creditTier 1 · Primary authority
8 sources— show— hide
Cited for Rate brackets · confirmed
Primary citation recorded with the tax table entry; coverage beyond the rate brackets is unconfirmed.
Cited for Dividend tax credit · confirmed
Official Government of Ontario page; '2020-2026' row = 10.0% eligible, confirming no change from 2025 to 2026
Cited for Corporate rate · confirmed
Official Ontario Ministry of Finance page, fetched directly, dated current through 2026
- Prime Minister Mark Carney Cancels Proposed Capital Gains Tax Increasepm.gc.caTier 2 · Official, not operative
Cited for Capital gains · confirmed
Official PMO press release, fetched directly, confirms outright cancellation prior to the 2026 effective date
Cited for Rate brackets · confirmed
EY 'Combined federal and provincial personal income tax rates - Ontario 2026'; fetched and read in full
Cited for Rate brackets · confirmed
States 2026 ON brackets/rates identically; aggregator, corroboration only
- Ca Federal And Provincial Territorial Non Refundable Tax Credit Rates…assets.kpmg.comTier 3 · Expert secondary
Cited for Rate brackets, Basic personal amount · confirmed
KPMG 'Personal Tax Credits ... 2026', Ontario basic personal = $12,989, indexation factor 1.9%; aggregator corroboration
Cited for Basic personal amount · confirmed
Official '2026 Ontario TD1ON Personal Tax Credits Return' form, line 1 = $12,989; fetched and read directly
How we rate sources — tiers are derived from what published the document, not from our confidence in it.