Table 3 – Investment income¹ (2016)

  % Combined % RDTOH2 %
Federal 38.673
Provincial
Alberta 12.00 50.67 30.67
British Columbia 11.00 49.67 30.67
Manitoba 12.00 50.67 30.67
New Brunswick 13.50 52.17 30.67
Newfoundland and Labrador 15.00 53.67 30.67
Northwest Territories 11.50 50.17 30.67
Nova Scotia 16.00 54.67 30.67
Nunavut 12.00 50.67 30.67
Ontario 11.50 50.17 30.67
Prince Edward Island 16.00 54.67 30.67
Quebec 11.90 50.57 30.67
Saskatchewan 12.00 50.67 30.67
Yukon 15.00 53.67 30.67

1    Investment income includes interest, taxable capital gains and other property income, but not intercorporate dividends that are deductible for tax purposes.
2   Investment income of a Canadian-Controlled Private Corporation (CCPC) gives rise to refundable dividend tax on hand (RDTOH), which was refunded at the rate of $33.33 for every $100 of taxable dividends paid, for taxation years ending in 2015. Effective for taxation years ending after 2015, this rate was increased to $38.33 for every $100 of taxable dividends paid. For taxation years straddling January 1, 2016, the rate increase is pro-rated for the number of days in the taxation year after 2015.

3  15% rate for corporations which are not CCPCs.