Dividend tax credit rates by province and territory
Each province and territory adds its own dividend tax credit on top of the federal one, so the same dividend is taxed differently in Halifax and Calgary.
| Province or territory | Eligible | Non-eligible | Page |
|---|---|---|---|
| Alberta | 8.12% | 2.1800% | Alberta details |
| British Columbia | 12.00% | 1.9600% | British Columbia details |
| Manitoba | 8.00% | 0.7835% | Manitoba details |
| New Brunswick | 14.00% | 2.7500% | New Brunswick details |
| Newfoundland and Labrador | 6.30% | 3.2000% | Newfoundland and Labrador details |
| Nova Scotia | 8.85% | 1.5000% | Nova Scotia details |
| Northwest Territories | 11.50% | 6.0000% | Northwest Territories details |
| Nunavut | 5.51% | 2.6100% | Nunavut details |
| Ontario | 10.00% | 2.9863% | Ontario details |
| Prince Edward Island | 10.50% | 1.3000% | Prince Edward Island details |
| Saskatchewan | 11.00% | 2.5190% | Saskatchewan details |
| Yukon | 12.02% | 0.6700% | Yukon details |
Ontario's 2026 Budget reduces its non-eligible dividend tax credit to 1.9863% from January 1, 2027. British Columbia confirms its rates are unchanged for 2026. Quebec residents file a separate provincial return with Revenu Québec; its credits are not modelled here.
Tax on $1,000 of each kind of income at $100,000 of other income (2026 estimate)
| Province or territory | Eligible | Non-eligible | Interest |
|---|---|---|---|
| Alberta | $102 | $222 | $305 |
| British Columbia | $35 | $210 | $290 |
| Manitoba | $150 | $270 | $333 |
| New Brunswick | $76 | $261 | $345 |
| Newfoundland and Labrador | $207 | $277 | $363 |
| Nova Scotia | $195 | $316 | $380 |
| Northwest Territories | $36 | $162 | $291 |
| Nunavut | $96 | $182 | $275 |
| Ontario | $89 | $224 | $315 |
| Prince Edward Island | $160 | $308 | $371 |
| Saskatchewan | $96 | $247 | $330 |
| Yukon | $34 | $228 | $295 |
Estimate for education, not advice. This site does not recommend, rate or rank any security and does not know your full situation. Results depend on your inputs and the simplifications listed under Method. Check tax details with the CRA or IRS, or a qualified professional. Read the disclaimer.
Primary sources
- CRA — 2025 provincial and territorial worksheets (5001-D to 5014-D): dividend tax credit rates
- CRA — 5000-D1 Federal Worksheet (2025): gross-up and dividend tax credit rates
- CRA — Tax rates and income brackets for individuals (current year)
- CRA — T4127 Payroll Deductions Formulas (January 2026)
- Ontario — Ontario dividend tax credit
- Ontario — 2026 Budget, Annex (non-eligible dividend tax credit change from 2027)
- British Columbia — Basic tax credits (dividend tax credit rates)
- Revenu Québec — Line 415: Dividend tax credit
Rules checked October 31, 2026. Tax rules and rates change; confirm current details on the official pages above.