Angela Hardbattle
Angela Hardbattle

Tax Question:

What are the corporate income tax rates for active business income across Canada in 2018?


The table below outlines the Canadian corporate income tax rates for each province and territory as at January 1, 2018.


Combined Federal and Provincial / Territory Rates Income eligible for small-business deduction (SBD) (up to $500,000) General income not eligible for SBD
Alberta 12.0% 27.0%
Yukon 12.0% 27.0%
Northwest Territories 14.0% 26.5%
Saskatchewan 14.0% 27.0%
British Columbia 12.0% 27.0%
Manitoba 10.0% (up to $450k) /
22.0% ($450k-$500k)
Ontario 18.0% 26.5%
Quebec 18.0% 26.7%
New Brunswick 13.0% (prior April 1/18) /
12.50% (after March 31/18)
Nova Scotia 13.0% 31.0%
Prince Edward Island 14.5% 31.0%
Newfoundland and Labrador 13.0% 30.0%
Non-resident N/A 25.0%


Angela Hardbattle, Dipl. T (Hons), CPA, CA, Manager

Manager, Gilmour Group CPA’s

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