Dawn Loeffler, BA (Hons), CPA, CA Staff Accountant, Gilmour Knotts

Tax Question: What are the corporate income tax rates for active business income across Canada in 2019?


The table below outlines the Canadian corporate income tax rates for each province and territory as of January 1st, 2019.


Combined Federal and Provincial / Territory Rates Income eligible for small-business deduction (SBD) (up to $500,000) General income not eligible for SBD
Manitoba 9.0% 27.0%
British Columbia 11.0% 27.0%
Alberta 11.0% 27.0%
Yukon 11.0% 27.0%
Saskatchewan 11.0% 27.0%
New Brunswick 11.5% 29.0%
Nova Scotia 12.0% 31.0%
Newfoundland and Labrador 12.0% 30.0%
Ontario 12.5% 26.5%
Prince Edward Island 12.5% 31.0%
Northwest Territories 13.0% 26.5%
Quebec 15.0% 26.6%
Non-resident / Not in a province N/A 25.0%


Dawn Loeffler, BA (Hons), CPA, CA
Manager, Gilmour Group CPA’s
Email: faqs@gilmour.ca
Disclaimer: The information contained in this article is intended solely to provide general guidance on matters of interest for the personal use of the reader, who accepts full responsibility for its use. While we have made every attempt to ensure the information contained in this article has been obtained from reliable sources and accurately described herein. SW Media Group and Gilmour Group Incorporated is not responsible for any errors or omissions, or for the results obtained from the use of this information. Before taking any action that might affect your personal and business finances, you should consult a qualified professional advisor.