Provincial rankings, 2026
Three province-level rankings derived from the 2026 personal-income-tax schedules in our database. Each metric tells a different RRSP-vs-TFSA-vs-RESP story for residents at different income bands.
According to the Canada Revenue Agency and each provincial finance ministry, the 2026 top marginal personal income-tax rate ranges from 11.50% in Nunavut to 25.75% in Quebec across all 13 provinces and territories. Combined with the federal top rate of 33% above $258,482 of taxable income, that spread moves the value of an RRSP deduction by more than 14 percentage points depending on where you live, as of January 2026. See our methodology for how every rate is sourced and the combined figure is computed.
Top marginal rate
Highest provincial top brackets, the upper end of the RRSP deferral wedge.
Deferral wedge
Top-minus-bottom-rate gap, the maximum RRSP deferral value within each schedule.
Lowest entry rate
Where TFSA preference is structurally strongest, low-bracket residents.
Snapshot, top rates by province
| Province | Top rate |
|---|---|
| Quebec | 25.75% |
| Newfoundland and Labrador | 21.80% |
| Nova Scotia | 21.00% |
| British Columbia | 20.50% |
| New Brunswick | 19.50% |
| Prince Edward Island | 19.00% |
| Manitoba | 17.40% |
| Alberta | 15.00% |
| Yukon | 15.00% |
| Saskatchewan | 14.50% |
| Northwest Territories | 14.05% |
| Ontario | 13.16% |
| Nunavut | 11.50% |