Canada Income Tax Brackets 2023: How Much Tax You’ll Pay

Taxes are an inescapable part of life in Canada. Many people don’t closely track the federal and provincial tax brackets that determine how much tax they owe. Yet knowing which brackets apply to your income is essential for estimating your 2023 tax liability—especially if you’re self-employed or earning money from a side gig and responsible for calculating your own payments.

Understanding federal and provincial tax brackets can also help you decide whether to increase registered retirement savings plan (RRSP) contributions. Higher RRSP contributions can reduce your taxable income and may eliminate any balance owing on your notice of assessment or even produce a refund.

How do tax brackets work in Canada?

Tax brackets specify the percentage of tax applied to different slices of annual taxable income. Canada uses a progressive tax system: lower-income earners pay a lower tax rate on the first portion of their income, and tax rates increase for successive portions. In practice, you pay the rate associated with each bracket only on the income that falls within that bracket.

There are five federal tax brackets for 2023 and separate tax brackets for each province and territory. Below you’ll find the federal brackets and a full set of provincial and territorial brackets to help you estimate your tax obligations.

Federal tax brackets in Canada for 2023

Use this table to find the federal bracket that applies to your taxable income:

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Total Tax
Up to $53,359 The first $53,359 15% $8,003.85 $8,003.85
$53,359 to $106,717 The next $53,358 20.5% $10,938.39 $18,942.24 ($8,003.85 + $10,938.39)
$106,717 to $165,430 The next $58,713 26% $15,265.38 $34,207.62 ($18,942.24 + $15,265.38)
$165,430 to $235,675 The next $70,245 29% $20,371.05 $54,578.67 ($34,207.62 + $20,371.05)
Over $235,675 Over $235,675 33% n/a n/a

How Canada’s federal tax brackets work

Federal tax rates apply only to the portion of income that falls within each bracket. For example, if your total taxable income for 2023 is $50,000, all of that income would fall within the first federal bracket (up to $53,359), and you would pay 15% federal tax on $50,000 (before deductions and credits).

If your annual taxable income is $65,242.32 (the approximate average annual wage based on average weekly earnings for 2023), you would pay 15% on the first $53,359 and 20.5% on the remaining amount above $53,359.

How to use the federal tax bracket table

To estimate your federal taxes:

  • Find the bracket containing your annual taxable income.
  • If your income is in the first bracket, multiply the income by that bracket’s rate.
  • If your income is in a higher bracket, subtract the lower bound of that bracket from your income, multiply the remainder by the bracket’s rate, then add the cumulative tax from the previous brackets (shown in the table as the “Maximum Total Tax”).

Example: For taxable income of $60,000 in 2023:

  1. Identify the bracket: $60,000 falls in the second federal tier ($53,359–$106,717).
  2. Amount within the tier: $60,000 − $53,359 = $6,641.
  3. Tax rate for that tier: 20.5%.
  4. Tax on the portion in that tier: $6,641 × 0.205 = $1,361.05.
  5. Add tax from the first tier: $8,003.85 + $1,361.05 = $9,364.90 estimated federal tax (before deductions and credits).

These calculations do not account for deductions and credits (for example, RRSP contributions or the basic personal amount). The final tax owing will be confirmed when you file your income tax return.

Provincial and territorial tax brackets in Canada (2023)

After estimating federal tax, calculate your provincial or territorial tax using a similar method. Each province and territory sets its own rates and bracket thresholds, and those figures may change from year to year. Below are the 2023 tax brackets for each province and territory. These tables show taxable income ranges, rates, and the maximum tax in each bracket to help you estimate provincial/territorial tax owing (before credits, deductions and any surtaxes).

Alberta tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Total Tax
Up to $142,292 The first $142,292 10% $14,229.20 $14,229.20
$142,292 to $170,751 The next $28,459 12% $3,415.08 $17,644.28 ($14,229.20 + $3,415.08)
$170,751 to $227,668 The next $56,917 13% $7,399.21 $25,043.49 ($17,644.28 + $7,399.21)
$227,668 to $341,502 The next $113,834 14% $15,936.76 $40,980.25 ($25,043.49 + $15,936.76)
More than $341,502 Over $341,502 15% n/a n/a

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British Columbia tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Total Tax
Up to $45,654 The first $45,654 5.06% $2,310.09 $2,310.09
$45,654 to $91,310 The next $45,656 7.7% $3,515.51 $5,825.60 ($2,310.09 + $3,515.51)
$91,310 to $104,835 The next $13,525 10.5% $1,420.12 $7,245.72 ($5,825.60 + $1,420.12)
$104,835 to $127,299 The next $22,464 12.29% $2,760.83 $10,006.55 ($7,245.72 + $2,760.83)
$127,299 to $172,602 The next $45,303 14.7% $6,659.54 $16,666.09 ($10,006.55 + $6,659.54)
$172,602 to $240,716 The next $68,114 16.8% $11,443.15 $28,109.24 ($16,666.09 + $11,443.15)
More than $240,716 Over $240,716 20.5% n/a n/a

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Manitoba tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Total Tax
Up to $36,842 The first $36,842 10.8% $3,978.94 $3,978.94
$36,842 to $79,625 The next $42,783 12.75% $5,454.83 $9,433.77 ($3,978.94 + $5,454.83)
More than $79,625 Over $79,625 17.4% n/a n/a

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New Brunswick tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Total Tax
Up to $47,715 The first $47,715 9.4% $4,485.21 $4,485.21
$47,715 to $95,431 The next $47,716 14% $6,680.24 $11,165.45 ($4,485.21 + $6,680.24)
$95,431 to $176,756 The next $81,325 16% $13,012 $24,177.45 ($11,165.45 + $13,012)
More than $176,756 Over $176,756 19.5% n/a n/a

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Newfoundland and Labrador tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $41,457 The first $41,457 8.7% $3,606.76 $3,606.76
$41,457 to $82,913 The next $41,456 14.5% $6,011.12 $9,617.88 ($3,606.76 + $6,011.12)
$82,913 up to $148,027 The next $65,114 15.8% $10,288.01 $19,905.89 ($9,617.88 + $10,288.01)
$148,027 up to $207,239 The next $59,212 17.8% $10,539.74 $30,445.63 ($19,905.89 + $10,539.74)
$207,239 up to $264,750 The next $57,511 19.8% $11,387.18 $41,832.81 ($30,445.63 + $11,387.18)
$264,750 up to $529,500 The next $264,750 20.8% $55,068.00 $96,900.81 ($41,832.81 + $55,068.00)
$529,500 up to $1,059,000 The next $529,500 21.3% $112,783.50 $209,684.31 ($96,900.81 + $112,783.50)
More than $1,059,000 Over $1,059,000 21.8% n/a n/a

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Northwest Territories tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $48,326 The first $48,326 5.9% $2,851.23 $2,851.23
$48,326 to $96,655 The next $48,329 8.6% $4,156.29 $7,007.52 ($2,851.23 + $4,156.29)
$96,655 to $157,139 The next $60,484 12.2% $7,379.05 $14,386.57 ($7,007.52 + $7,379.05)
More than $157,139 Over $157,139 14.05% n/a n/a

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Nova Scotia tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $29,590 The first $29,590 8.79% $2,601 $2,601
$29,590 to $59,180 The next $29,590 14.95% $4,424 $7,025 ($2,601 + $4,424)
$59,180 to $93,000 The next $33,820 16.67% $5,638 $12,663 ($7,025 + $5,638)
$93,000 to $150,000 The next $57,000 17.5% $9,975 $22,638 ($12,663 + $9,975)
More than $150,000 Over $150,000 21% n/a n/a

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Nunavut tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $50,877 The first $50,877 4% $2,035.08 $2,035.08
$50,877 to $101,754 The next $50,877 7% $3,561.39 $5,596.47 ($2,035.08 + $3,561.39)
$101,754 to $165,429 The next $63,675 9% $5,730.75 $11,327.22 ($5,596.47 + $5,730.75)
More than $165,429 Over $165,429 11.5% n/a n/a

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Ontario tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $49,231 The first $49,231 5.05% $2,486.17 $2,486.17
$49,231 to $98,463 The next $49,232 9.15% $4,504.73 $6,990.90 ($2,486.17 + $4,504.73)
$98,463 to $150,000 The next $51,537 11.16% $5,751.53 $12,742.43 ($6,990.90 + $5,751.53)
$150,000 to $220,000 The next $70,000 12.16% $8,512 $21,254.43 ($12,742.43 + $8,512)
More than $220,000 Over $220,000 13.16% n/a n/a

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Prince Edward Island tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $31,984 The first $31,984 9.8% $3,134.43 $3,134.43
$31,984 to $63,969 The next $31,985 13.8% $4,414.93 $7,548.36 ($3,134.43 + $4,414.93)
More than $63,969 Over $63,969 16.7% n/a n/a

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Quebec tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $49,275 The first $49,275 14% $6,898.50 $6,898.50
$49,275 to $98,540 The next $49,265 19% $9,360.35 $16,258.85 ($6,898.50 + $9,360.35)
$98,540 to $119,910 The next $21,370 24% $5,128.80 $21,387.65 ($16,258.85 + $5,128.80)
More than $119,910 Over $119,910 25.75% n/a n/a

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Saskatchewan tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $49,720 The first $49,720 10.5% $5,220.60 $5,220.60
$49,720 to $142,058 The next $92,338 12.5% $11,542.25 $16,762.85 ($5,220.60 + $11,542.25)
More than $142,058 Over $142,058 14.5% n/a n/a

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Yukon tax brackets 2023

Annual Income (Taxable) Tax Brackets Tax Rates Maximum Taxes Per Bracket Maximum Tax Total
Up to $53,359 The first $53,359 6.4% $3,414.98 $3,414.98
$53,359 to $106,717 The next $53,358 9% $4,802.22 $8,217.20 ($3,414.98 + $4,802.22)
$98,040 to $165,430 The next $67,390 10.9% $7,345.51 $15,562.71 ($8,217.20 + $7,345.51)
$165,430 to $500,000 The next $334,570 12.8% $42,824.96 $58,387.67 ($15,562.71 + $42,824.96)
More than $500,000 Over $500,000 15% n/a n/a

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Who pays the surtax in Canada?

Some provinces apply surtaxes on top of provincial tax. Prince Edward Island and Ontario both use surtax rules that can increase the effective provincial tax burden for higher provincial tax amounts.

Prince Edward Island surtax

In Prince Edward Island a 10% surtax applies to provincial tax owing, except when the basic provincial tax payable is $12,500 or less, in which case no surtax is applied.

Ontario surtax

Ontario’s surtax is tiered. For 2023:

Provincial Tax Owed Surtax Rates
Up to $5,315 0%
$5,315 to $6,802 20% on the portion above $5,315
More than $6,802 20% on portion above $5,315, plus 36% on portion above $6,802

How to lower your income tax

Knowing your brackets helps you estimate whether you’ll owe tax or expect a refund and allows you to plan before the tax-filing deadlines to avoid interest or penalties. One common strategy to reduce taxable income is contributing to an RRSP. Contributions made before the RRSP deadline can be deducted from taxable income and may lower your tax bill or increase a refund.

To estimate the tax savings from an RRSP contribution, determine your marginal tax rate (federal plus provincial rate for the highest portion of your income) and multiply your planned contribution by that rate to approximate the tax reduction.

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Further reading

  • How to fill out a personal tax return
  • How to file your taxes online in Canada
  • Filing multiple years of income tax returns
  • How severance pay is taxed