Income Tax & Payroll Rates · Tax Year 2026

🇨🇦 Canada
Tax Guide

Income tax brackets, social security rates, and employer payroll obligations for Canada — the data HR and finance teams need for accurate workforce cost planning.

Canada Overview

Income Tax Brackets — 2026

BandRateFromTo
Federal 15% Band
15%
CAD 0CAD 57,375
Federal 20.5% Band
20.5%
CAD 57,375CAD 114,750
Federal 26% Band
26%
CAD 114,750CAD 158,519
Federal 29% Band
29%
CAD 158,519CAD 220,000
Federal 33% Band
33%
CAD 220,000No upper limit

Social Security Contributions

TypeEmployee RateEmployer RateEmployee CapEmployer Cap
Canada Pension Plan (CPP) — Employee5.95%0%CAD 4,034.1No limit
Canada Pension Plan (CPP) — Employer0%5.95%No limitCAD 4,034.1
Employment Insurance (EI) — Employee1.64%0%CAD 1,077.48No limit
Employment Insurance (EI) — Employer0%2.3%No limitCAD 1,508.47

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Tax data is sourced from official government publications and updated monthly. Rates are for the 2026 tax year. This information is for guidance only and does not constitute tax or legal advice. Always consult a qualified tax adviser for Canada-specific obligations.

About This Data

  • Sourced from official government publications
  • Updated monthly — always current rates
  • For guidance only — not tax advice

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