Provincial profile · 2026 tax year
Ontario marginal tax brackets
Ontario's 5-bracket personal income-tax schedule for 2026, and what its rates mean for your RRSP-versus-TFSA decision.
- 13.16%
- Top provincial rate
- #12/13
- By top rate
- 5
- Brackets
- 46.16%
- Combined top rate
The top provincial bracket in Ontario is taxed at 13.16% for 2026, with the federal rate layered on top.
Ontario's 2026 schedule has 5 provincial brackets, 5.05% to 13.16%. Once the federal top rate (33.00%, above $258,482) is stacked on, the combined top marginal rate is 46.16%; Ontario ranks 12 of 13 provinces and territories on that measure. Ontario also levies a provincial surtax on top of this bracket-based rate, which is not included in the 46.16% figure above; see the methodology page for details.
- 13.16% top provincial rate
- 46.16% combined top rate
- #12/13 by top rate
- 5 brackets
The verdict
Ontario's RRSP deferral ceiling, 46.16% combined tax sheltered per dollar for a top-bracket resident - sitting between Northwest Territories and Nunavut in the national ranking.
- 13.16%
- Ontario top rate
- 33.00%
- federal top rate (above $258,482)
- 46.16%
- combined top marginal rate
- #12/13
- national rank by top rate
Combined rate = the province's top marginal rate plus the federal top rate, both rendered live from the published schedules.
2026 provincial bracket schedule
Source: Ontario 2026 provincial income-tax bracket schedule. Bar length scales to the top provincial rate.
| Bracket | Income range | Provincial rate |
|---|---|---|
| 1 | $0 – $52,886 | 5.05% |
| 2 | $52,886 – $105,775 | 9.15% |
| 3 | $105,775 – $150,000 | 11.16% |
| 4 | $150,000 – $220,000 | 12.16% |
| 5 | $220,000 | 13.16% |
Source: Ontario 2026 personal income-tax schedule - official publication. Federal brackets from the Canada Revenue Agency, 2026 indexed schedule.
Your combined marginal rate by income
Ontario's provincial rate, added to the federal rate at your income, is what an RRSP deferral is actually worth to you.
$50,000 income
19.1%
14.0% federal + 5.1% ON
$100,000 income
29.6%
20.5% federal + 9.2% ON
$150,000 income
37.2%
26.0% federal + 11.2% ON
$250,000 income
42.2%
29.0% federal + 13.2% ON
Your true marginal rate, dollar by dollar
Below is Ontario's combined rate plotted as a staircase, jumping at each bracket threshold. Tap or hover any point for the exact rate there.
Source: Ontario + Canada Revenue Agency published 2026 marginal-rate schedules. Combined rate = provincial + federal at each income.
Combined rate = the federal marginal rate plus Ontario's, at each income, rendered from the 2026 published schedules.
How Ontario ranks, top rate across Canada
Source: provincial finance-ministry 2026 schedules, compiled by PlainRRSP. Ontario is highlighted.
Ontario's tax-structure shape
Comparing entry rate against top rate places Ontario on the map below, upper-left provinces have the steepest progression and the most to gain from RRSP deferral.
Source: provincial finance-ministry 2026 bracket schedules, compiled by PlainRRSP. Dashed lines mark the median entry and top rate.
What this means for RRSP vs TFSA in Ontario
A top-bracket Ontario resident faces 46.16% combined marginal tax - 13.16% provincial plus 33.00% federal above $258,482. An RRSP deduction claimed here is worth that entire gap, provided retirement withdrawals land at a lower rate.
Ontario has a wide mid-career-to-top spread: someone earning $100,000 pays a combined marginal rate around 29.6%, 16.5% short of the 46.16% top bracket. That gap rewards patience, an RRSP deduction claimed in a future top-bracket year shelters noticeably more than one claimed at the mid-career rate.
Before RRSP or TFSA: the RESP/CESG match
Households with children should capture the 20% RESP/CESG match before topping up an RRSP or TFSA in Ontario, it's federal and province-invariant, see the CESG match strategy guide. Run your own Ontario numbers in the calculator →
Compare to other provinces
- 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%
- Nunavut - 11.50%
What to do in Ontario
Match the account to your rate gap, then bank the guaranteed money first.
- At a 46.16% top combined rate, high earners gain the most from RRSP deferral, model your own gap before contributing. Open the calculator
- If you have children, capture the 20% RESP/CESG match before topping up an RRSP or TFSA, it is a guaranteed return. CESG strategy
- Compare Ontario against the provinces above and below it before deciding where the deferral is worth most. Provinces by top rate
Combined rates assume top-bracket federal income; your marginal rate depends on your total income and other deductions. Reference data, not tax advice.
Frequently asked questions
- What is the top marginal tax rate in Ontario for 2026?
- The top marginal provincial rate in Ontario for 2026 is 13.16%. Combined with the federal top rate of 33.00% above $258,482, the combined top marginal rate is 46.16%.
- How many tax brackets does Ontario have?
- 5 brackets make up Ontario's 2026 provincial schedule, spanning 5.05% to 13.16%.
- Where does Ontario bracket data come from?
- The schedule is rendered from Ontario's published 2026 bracket table, see the linked source above. Federal brackets are uniform across Canada and come from the Canada Revenue Agency.
Reference data, not financial advice - consult a licensed CPA or CFP before acting. See the methodology for what this page does and doesn't model.
Every figure on PlainRRSP is rendered directly from official Canada Revenue Agency registered-plan limits and each province's published marginal-rate schedule, no number is typed in by an editor. Ontario's bracket schedule and the federal brackets are rendered live from the published government tables. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026 tax year.