2026 tax year
Canada income tax calculator (2026)
On a $75,000 salary in Ontario you take home $56,926 a year, or $4,744 a month, after federal and provincial tax, CPP and EI in 2026. Take-home on the same salary ranges from $53,423 in Nova Scotia to $58,819 in Nunavut.
Take-home pay (monthly)
$4,744- Gross pay$6,250
- Federal income tax−$688
- Ontario income tax−$308
- CPP contributions (incl. CPP2)−$354
- Employment Insurance (EI)−$94
- Ontario Health Premium−$63
- Net pay$4,744
- • Includes the Ontario surtax, Ontario tax reduction and Ontario Health Premium.
Take-home pay on $75,000 by province (2026)
| Province / territory | Take-home | Monthly | Effective rate |
|---|---|---|---|
| Nunavut | $58,819 | $4,902 | 21.6% |
| Northwest Territories | $57,763 | $4,814 | 23.0% |
| British Columbia | $57,711 | $4,809 | 23.1% |
| Yukon | $57,559 | $4,797 | 23.3% |
| Alberta | $57,362 | $4,780 | 23.5% |
| Ontario | $56,926 | $4,744 | 24.1% |
| Saskatchewan | $55,806 | $4,650 | 25.6% |
| New Brunswick | $55,102 | $4,592 | 26.5% |
| Manitoba | $55,035 | $4,586 | 26.6% |
| Newfoundland and Labrador | $54,903 | $4,575 | 26.8% |
| Quebec | $54,388 | $4,532 | 27.5% |
| Prince Edward Island | $54,316 | $4,526 | 27.6% |
| Nova Scotia | $53,423 | $4,452 | 28.8% |
Take-home pay by salary
Click any salary for a full breakdown, monthly and weekly figures, and nearby salaries.
| Salary | Take-home / yr | Per month | Effective tax | Kept of last raise |
|---|---|---|---|---|
| $40,000 | $32,814 | $2,734 | 18.0% | — |
| $50,000 | $40,145 | $3,345 | 19.7% | 73% |
| $60,000 | $47,340 | $3,945 | 21.1% | 72% |
| $75,000 | $56,926 | $4,744 | 24.1% | 64% |
| $90,000 | $67,197 | $5,600 | 25.3% | 68% |
| $100,000 | $74,206 | $6,184 | 25.8% | 70% |
| $120,000 | $87,343 | $7,279 | 27.2% | 66% |
| $150,000 | $104,320 | $8,693 | 30.5% | 57% |
Federal tax brackets 2026
14% on the first $58,523 (cut from 15%), 20.5% to $117,045, 26% to $181,440, 29% to $258,482 and 33% above. The basic personal amount is $16,452, reduced gradually for incomes between $181,440 and $258,482.
CPP is 5.95% of earnings between $3,500 and $74,600, plus CPP2 of 4% on earnings up to $85,000. EI premiums are 1.63% of insurable earnings up to $68,900 (1.30% in Quebec).
Frequently asked questions
What is the lowest federal tax rate in Canada for 2026?
14%. The rate on the first $58,523 of taxable income fell from 15% to 14%, effective for the full 2026 tax year.
What is the maximum CPP contribution in 2026?
$4,230.45 for the base and first-additional CPP (5.95% on earnings from $3,500 to $74,600), plus up to $416 of CPP2 on earnings between $74,600 and $85,000.
Which province has the lowest income tax?
At $75,000, Nunavut leaves the most take-home pay ($58,819), while Nova Scotia leaves the least ($53,423).
Disclaimer: These are estimates based on published tax rates for a single employee with standard deductions and no other income. Your actual pay depends on your tax code, benefits, credits and local taxes. This site is for information only and is not financial, tax or legal advice. Check with your tax authority or a qualified professional before making decisions.