Table C2 – Business Income Not Eligible For the SBD | Raymond Chabot Grant Thornton

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2025-2026 Tax Planning Guide
Tables
Table C2 – Business Income Not Eligible For the SBD

4- Corporate Taxation and U.S. Federal Tax Rates

2025	%	Combined %
Federal	15.00⁸
Provincial
Alberta	8.00	23.00
British Columbia	12.00	27.00
Manitoba	12.00	27.00
New Brunswick	14.00	29.00
Newfoundland and Labrador	15.00	30.00
Northwest Territories	11.50	26.50
Nova Scotia	14.00	29.00
Nunavut	12.00	27.00
Ontario: without MPP / with MPP	11.50 / 10.00	26.50 / 25.00
Prince Edward Island	15.50⁹	30.50
Quebec	11.50	26.50
Saskatchewan¹⁰: without MPP / with MPP	12.00 / 10.00	27.00 / 25.00
Yukon: without MPP / with MPP	12.00 / 2.50	27.00 / 17.50

⁸ Rate of 7.5% on zero-emission technology manufacturing income. The rate will increase gradually as of 2032. A personal services business is subject to a tax rate of 33%.

⁹ Rate reduced from 16% to 15% since July 1, 2025 (average rate of 15.5% for 2025). Average combined rate of 30.5% for 2025.

¹⁰ A corporation that commercializes their qualifying intellectual property in Saskatchewan can benefit from a reduced provincial corporate tax rate of 6% for 10 years. Program effective until June 30, 2027. For details, see Saskatchewan Commercial Innovation Incentive (SCII).

You can also download the tables for the year 2025.

Table C1 – Business Income Eligible For SBD
See Table C1 – Business Income Eligible For SBD
Table C2 – Business Income Not Eligible For the SBD
See Table C2 – Business Income Not Eligible For the SBD
Table C3 – Investment Income
See Table C3 – Investment Income
Table C4 – SR&ED Tax Credits
See Table C4 – SR&ED Tax Credits
Table C5 – Capital Cost Allowance Rates 2025
See Table C5 – Capital Cost Allowance Rates 2025
Table S1 – Sales Tax 2025
See Table S1 – Sales Tax 2025
Table US1 - U.S. Federal Tax - Individuals 2025
See Table US1 - U.S. Federal Tax - Individuals 2025
Table US2 – U.S. Federal Tax – Corporations – 2025
See Table US2 – U.S. Federal Tax – Corporations – 2025

See all tables

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