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2026 Tax Year

Canada Tax Brackets

Federal & Alberta income tax rates. Know exactly what you owe.

14%–33%

Federal Tax Range

Last updated: January 2026 · Source: CRA, Alberta.ca

2026 Federal Tax Brackets

The lowest bracket rate was reduced from 15% to 14% in July 2025. All thresholds indexed 2% for inflation.

Income RangeTax RateTax on Bracket
$0 - $58,52314%Up to $8,193
$58,523 - $117,04520.5%$12,007
$117,045 - $181,44026%$16,743
$181,440 - $258,48229%$22,342
Over $258,48233%No limit

Source: Canada Revenue Agency

2026 Alberta Tax Brackets

Alberta introduced a new 8% bracket on the first ~$60,000 in 2025. No provincial sales tax.

Income RangeTax RateTax on Bracket
$0 - $61,2008%Up to $4,896
$61,200 - $154,25910%$9,306
$154,259 - $185,11112%$3,702
$185,111 - $246,81313%$8,021
$246,813 - $370,22014%$17,277
Over $370,22015%No limit

Source: Government of Alberta

Basic Personal Amount (BPA) 2026

The amount you can earn tax-free before income tax applies.

Federal BPA

$16,452

Phases out between $181,440 and $258,482 for high earners

Alberta BPA

$22,769

Higher than federal - more tax-free income in Alberta

CPP & EI Contributions 2026

CPP (Canada Pension Plan)

Employee rate (base)5.95%
Max pensionable earnings (YMPE)$74,600
Max base contribution$4,230.45
CPP2 (second tier)
CPP2 rate4%
CPP2 earnings range$74,600 - $85,000
Max CPP2 contribution$416.00
Total max contribution$4,646.45

EI (Employment Insurance)

Employee rate1.63%
Max insurable earnings$68,900
Max employee premium$1,123.07
Employer pays 1.4x employee rate
Employer rate2.282%
Max employer premium$1,572.30

Source: CRA - CPP/EI rates

Combined Tax Example: $100,000 Income

Federal income tax$14,717
Alberta income tax$6,076
CPP contributions$4,646
EI premiums$1,123
Total deductions$26,562
Effective tax rate26.6%

This is just income and payroll taxes. It doesn't include GST, property tax, fuel taxes, or other hidden taxes that bring the real rate much higher.

See Where Your Tax Dollars Go

Calculating your tax is just the start. Our interactive tool shows you exactly how your money is spent - from debt interest to equalization payments.

Calculate Your Tax Burden

Frequently Asked Questions

What are the federal tax brackets for 2026 in Canada?

The 2026 federal tax brackets are: 14% on income up to $58,523; 20.5% on income from $58,523 to $117,045; 26% on income from $117,045 to $181,440; 29% on income from $181,440 to $258,482; and 33% on income over $258,482.

What are the Alberta tax brackets for 2026?

Alberta has 6 tax brackets for 2026: 8% on the first $61,200; 10% on $61,200 to $154,259; 12% on $154,259 to $185,111; 13% on $185,111 to $246,813; 14% on $246,813 to $370,220; and 15% on income over $370,220.

What is the basic personal amount for 2026?

The federal basic personal amount (BPA) for 2026 is $16,452. Alberta's BPA is $22,769. This is the amount you can earn before paying income tax.

What changed in 2026 federal tax rates?

The lowest federal tax rate was reduced from 15% to 14% effective July 1, 2025. 2026 is the first full year at the 14% rate. Bracket thresholds were also indexed by 2% for inflation.

How much are CPP contributions in 2026?

In 2026, employees contribute 5.95% of pensionable earnings between $3,500 and $74,600 (max $4,230.45). CPP2 adds 4% on earnings between $74,600 and $85,000 (max $416). Total maximum: $4,646.45.

What are EI premiums for 2026?

The 2026 EI premium rate is 1.63% of insurable earnings up to $68,900. Maximum employee premium is $1,123.07. Employers pay 1.4x the employee rate.