The standard tax rate on business profit

The combined general rate runs from 23% in Alberta to 30% in Prince Edward Island and Newfoundland and Labrador. Each bar includes the federal rate of 15%.

The standard tax rate on business profit

As of: Oct 14, 2026

031.2%
  1. Alberta23.0%
  2. Ontario26.5%
  3. Quebec26.5%
  4. Northwest Territories26.5%
  5. British Columbia27.0%
  6. Saskatchewan27.0%
  7. Manitoba27.0%
  8. Yukon27.0%
  9. Nunavut27.0%
  10. New Brunswick29.0%
  11. Nova Scotia29.0%
  12. Prince Edward Island30.0%
  13. Newfoundland and Labrador30.0%

General tax rate on taxable profit (%)

General corporate income-tax rates in all ten provinces and three territories, with the federal rate included.

Checked:

See all the data

This table has the same values as the chart. You can scroll the table sideways.

The standard tax rate on business profit · General tax rate on taxable profit (%)
TimePlaceFederal plus provincial or territorial rate
2026British Columbia27%
2026Alberta23%
2026Saskatchewan27%
2026Manitoba27%
2026Ontario26.5%
2026Quebec26.5%
2026New Brunswick29%
2026Nova Scotia29%
2026Prince Edward Island30%
2026Newfoundland and Labrador30%
2026Yukon27%
2026Northwest Territories26.5%
2026Nunavut27%
Download the data (CSV) ↓

Why this matters

A new firm faces taxes at more than one level. Each level should look for ways to cut the cost.

What we want to change

Lower the cost of starting and growing a firm. Show the whole tax bill, not just one rate.

Back a plan for change

Sources

  1. Canada Revenue Agency · General corporate tax rates ↗
  2. Government of Alberta · General corporate tax rate ↗
  3. Quebec Ministry of Finance · Bulletin 2026-3 ↗

    Source released:

  4. Government of Ontario · General corporate tax rate ↗

WAKE UP CANADA

Share the case for change

Help more people see the facts and the plan.

The standard tax rate on business profit

The combined general rate runs from 23% in Alberta to 30% in Prince Edward Island and Newfoundland and Labrador. Each bar includes the federal rate of 15%.

Keep the source, date and notes with the image.

Checked:

What this does not show: This is a rate on taxable profit, not sales. Small firms and some sectors have other rates. Tax breaks, payroll tax, sales tax, property tax and tax paid by owners are outside this chart.

wakeupcanada.ca/en/data/business-taxes-by-province/
Scan to open this page
Scan this code to read the full case.

Save an image

If the image opens in a new tab, press and hold it or use your browser’s save tool.

Sources and notes