Indexation is currently applied to the personal income tax system federally and in most provinces.
income tax rates
April 14, 2021
8:14AM
The government offset the benefits of the lower tax rate by eliminating tax credits.
February 9, 2021
10:32AM
Canada has the seventh-highest top combined personal income tax rate in the OECD.
July 7, 2020
12:00AM
Canada’s personal income tax rates are among the highest in the industrialized world.
March 4, 2020
8:56AM
Canada's economy is expected to grow by a tepid 1.6 per cent in 2020.
February 18, 2020
3:52PM
The province’s top marginal PIT rate will increase from 16.8 per cent to 20.5 per cent.
January 30, 2020
11:44AM
The government’s plan to increase the “basic personal amount” will cost nearly $7 billion annually.