High-skilled workers in Ontario face a marginal tax rate at least 11 percentage points higher than the median U.S. state.
tax rates
August 16, 2024
8:38AM
The province has the fourth-highest top combined personal income tax rate among all provinces and U.S. states.
May 21, 2024
8:59AM
The Ontario government expects a net debt increase of more than $24 billion this year alone.
April 19, 2024
9:02AM
The province had the third-lowest level of per-worker business investment in Canada.
April 10, 2024
12:52PM
The province had the fourth-highest top combined income tax rate among 61 Canadian and U.S. jurisdictions.
December 11, 2023
2:30AM
The federal government raised the top income tax rate from 29 per cent to 33 per cent.
September 14, 2023
1:00AM
March 1, 2023
4:00PM
For the province's top earners, each new dollar they earn is taxed at 53.53 per cent.