According to the Canada Revenue Agency (CRA), these are the federal tax rates for tax year 2024. Click here.

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 According to the Canada Revenue Agency (CRA), these are the federal tax rates for tax year 2024:

  • 15% on the first $55,867 of taxable income.
  • 20.5% on taxable income over $55,867 up to $111,733.
  • 26% on taxable income over $111,733 up to $173,205.
  • 29% on taxable income over $173,205 up to $246,752.

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