High tax rates lower the incentive for individuals to work, save and invest.
ontario tax system
October 30, 2024
11:37AM
The province's debt will reach $429 billion this year.
October 29, 2024
8:51AM
The top combined personal income tax rate in the province remains at 53.53 per cent.
March 27, 2024
9:54AM
Among 61 Canadian and U.S. jurisdictions, Ontario had the third-highest top combined personal income tax rate.
January 10, 2023
8:58AM
Research suggests corporate income taxes are among the most harmful components of the provincial tax mix.
January 5, 2023
1:00AM
November 7, 2018
9:57AM
Ontario’s top combined marginal personal tax rate is 53.53 per cent.
June 13, 2018
10:52AM
Ontario’s top combined provincial-federal tax rate is 53.53 per cent—the second highest in Canada and the United States.
April 25, 2018
1:25PM
At 53.53 per cent, Ontario has the second highest top combined marginal income tax rate in Canada and the United States.
