The document provides a table showing the combined top marginal tax rates for individuals in Canada for 2014. The rates shown include federal and additional provincial tax rates for income levels above the federal tax bracket. The table lists the combined tax rates for regular income, capital gains, eligible dividends, and non-eligible dividends for each Canadian province and territory. Notes below the table provide information on tax rate changes in some provinces for 2014 related to non-eligible dividends.

1. 30 /
Combined Top Marginal Tax Rates For Individuals1
—2014
­­Notes
(1) The combined top marginal tax rate is the rate an individual will pay on income that
falls into the top federal tax bracket. For provinces that have tax brackets above the top
federal tax bracket, additional rates have been included in the table. Individuals taxable on
income in excess of $150,000 in British Columbia and Nova Scotia, or on income between
$150,000 and $220,000 or above $220,000 in Ontario should use these higher rates.
(2) The federal gross-up on non-eligible dividends decreased to 18% (from 25%) effective
January 1, 2014 and the corresponding dividend tax credit (DTC) decreased to 11% (from
13.33%).
(3) Alberta’s DTC for non-eligible dividends decreased to 3.1% (from 3.5%) of the taxable
amount of the dividend effective January 1, 2014.
Interest and
Regular Income
Capital
Gains
Eligible
Dividends
Non-eligible2
Dividends
British Columbia 43.70/45.80% 21.85/22.90% 25.78/28.68% 35.51/37.98%
Alberta3 39.00 19.50 19.29 29.36
Saskatchewan4 44.00 22.00 24.81 34.91
Manitoba5 46.40 23.20 32.27 40.77
Ontario6,7 46.41/47.97
/49.53
23.20/23.98
/24.77
29.52/31.67
/33.82
36.45/38.29
/40.13
Quebec8
49.97 24.99 35.22 39.79
New Brunswick9
46.84 23.42 27.35 36.02
Nova Scotia 46.50/50.00 23.25/25.00 31.23/36.06 34.94/39.07
P.E.I.10 47.37 23.69 28.71 38.74
Newfoundland
and Labrador11
Amounts received
before July 1, 2014
Amounts received
after June 30, 2014
42.30
42.30
21.15
21.15
22.47
30.20
31.01
32.08
Yukon 42.40 21.20 15.93 32.04
Northwest Territories 43.05 21.53 22.81 30.72
Nunavut 40.50 20.25 27.56 31.19
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