Corporate Taxation and U.S. Federal Tax Rates

Business Income Not Eligible for SBD – 2018

This document is up to date as of August 31, 2018 and reflects the status of legislation, including proposed amendments at this date.
 2018 % % combined
Federal 15.00
Provincial
Alberta 12.00 27.00
British Columbia 12.009 27.00
Prince Edward Island 16.00 31.00
Manitoba 12.00 27.00
New Brunswick 14.00 29.00
Nova Scotia 16.00 31.00
Nunavut 12.00 27.00
Ontario
without MPP / with MPP 11.50 / 10.00 26.50 / 25.00
Quebec 11.7010 26.70
Saskachewan
without MPP / with MPP 12.00 / 10.0011 27.00 / 25.00
Newfoundland and Labrador 15.00 30.00
Northwest Territories 11.50 26.50
Yukon
without MPP / with MPP 12.00 / 2.50 27.00 / 17.50

9 Since January 1, 2018 (11% before that date). 10 Since January 1, 2018 (11.8% before that date). Rate reduced by 0.1% per year as of 2019, to reach 11.5% on January 1, 2020. 11 Since January 1, 2018 (11.5% and 9.5% respectively before that date).

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