FR

Marginal tax rates 2026 (Ontario and Quebec)

Your marginal rate is the percentage of tax you pay on your next dollar of income. It determines how much of a raise you keep, and how much an RRSP contribution saves you.

Combined marginal tax rates in Ontario for 2026

Taxable incomeCombinedFederalOntario
Up to $53,89119.05%14.00%5.05%
$53,891 – $58,52323.15%14.00%9.15%
$58,523 – $94,90129.65%20.50%9.15%
$94,901 – $107,78531.48%20.50%10.98%
$107,785 – $111,81033.89%20.50%13.39%
$111,810 – $117,04537.91%20.50%17.41%
$117,045 – $150,00043.41%26.00%17.41%
$150,000 – $181,44044.97%26.00%18.97%
$181,440 – $220,00048.26%29.29%18.97%
$220,000 – $258,48249.82%29.29%20.53%
Over $258,48253.53%33.00%20.53%

The Ontario rate includes the provincial surtax (20%, then 36% of basic Ontario tax). The Ontario Health Premium and the Ontario tax reduction can change the actual rate in some income ranges.

Combined marginal tax rates in Quebec for 2026

Taxable incomeCombinedFederalQuebec
Up to $54,34525.69%11.69%14.00%
$54,345 – $58,52330.69%11.69%19.00%
$58,523 – $108,68036.12%17.12%19.00%
$108,680 – $117,04541.12%17.12%24.00%
$117,045 – $132,24545.71%21.71%24.00%
$132,245 – $181,44047.46%21.71%25.75%
$181,440 – $258,48250.21%24.46%25.75%
Over $258,48253.31%27.56%25.75%

The federal rate reflects the 16.5% Quebec abatement. Between $181,440 and $258,482, it also includes the gradual reduction of the federal basic personal amount.

Marginal rate vs. average rate

Your marginal rate only applies to the portion of your income that falls within a given bracket. Moving into a higher bracket never lowers your after-tax income: only the income above the threshold is taxed at the higher rate. Your average rate is the total share of your income that goes to tax; it's always lower than your marginal rate.

What is the marginal rate used for?

  • Evaluating a raise: at a 29.65% marginal rate, a $1,000 raise leaves you about $704 after tax (before payroll contributions).
  • Estimating RRSP savings: each dollar you deduct saves you roughly your marginal rate. Use our RRSP tax savings calculator for a precise figure.
  • Calculating take-home pay: see our Ontario and Quebec take-home pay calculators.

These rates apply to ordinary income (salary, interest). Dividends and capital gains are taxed at different rates.

Frequently asked questions

What is the top marginal tax rate in Ontario for 2026?
53.53%, on taxable income above $258,482 (combined federal and Ontario, including the surtax).
What is the top marginal tax rate in Quebec for 2026?
53.31%, on taxable income above $258,482 (combined federal and Quebec).
Do I lose money if I move into a higher tax bracket?
No. Only the income above the threshold is taxed at the higher rate. Your after-tax income always goes up when your gross income goes up.

Sources

Rates and parameters checked against these sources in November 2026.

Related calculators