Table 3 – Marginal rates (2016)

Tax brackets Other income Capital gain Dividends
Eligible Ordinary
% % % %
Prince Edward Island
$11,475- $31,984 24.80 12.40 0.00 13.14
$31,985 – $45,282 28.80 14.40 4.53 17.82
$45,283- $63,939 34.30 17.15 12.12 24.25
$63,940 – $90,563 37.20 18.60 16.12 27.64
$90,564 – $98,145 42.70 21.35 23.71 34.08
$98,146 – $140,388 44.37 22.19 24.56 35.68
$140,389 – $200,000 47.37 23.69 28.70 37.59
$200,001 and over 51.37 25.69 34.22 43.87
All provinces
Combined federal and
provincial rates
Alberta 48.00 24.00 31.71 40.24
British Columbia 47.70 23.85 31.30 40.61
Manitoba 50.40 25.20 37.78 45.69
New Brunswick 53.30 26.65 34.20 45.81
Newfoundland and Labrador 49.80 24.90 40.54

41.16/41.861

Northwest Territories 47.05 23.53 28.33 35.72
Nova Scotia 54.00 27.00 41.58 46.97
Nunavut 44.50 22.25 33.08 36.35
Ontario 53.53 26.76 39.34 45.30
Prince Edward Island 51.37 25.69 34.22 43.87
Quebec 53.31 26.65 39.83 43.84
Saskatchewan 48.00 24.00 30.33 39.91
Yukon 48.00 24.00 24.81 40.18

1  The first rate applies to dividends received from January 1, 2016 to June 30, 2016 and the second to those received on or after July 1, 2016.