Lower income tax rates incentivize people to work, save, invest and engage in entrepreneurial activities.
income tax rates
March 14, 2023
3:30AM
At 53.53 per cent, the province has the third-highest top personal income tax rate in Canada and the United States.
March 2, 2023
12:30PM
Tax reductions increase the expected net income from entrepreneurial innovation.
March 1, 2023
4:00PM
For the province's top earners, each new dollar they earn is taxed at 53.53 per cent.
January 26, 2023
9:24AM
The province's top combined income tax rate increased from 39 per cent in 2014 to 48 per cent today.
December 26, 2022
3:30AM
In all four Atlantic provinces, workers at the national average income level must earn more than $152 to boost their after-tax income by $100.
December 6, 2022
3:30AM
The provincial income tax bill in P.E.I. is twice as large as the bill for someone earning the same amount in B.C.
November 21, 2022
8:49AM
To boost their after-tax income by $100, workers at the national average income in New Brunswick must earn an additional $154.60 compared to only $139.30 in B.C.