Retirement planning by province and territory
CPP, OAS, GIS and the RRSP/TFSA rules are federal, but provincial tax rates and senior programs differ. Here's how each province and territory compares for 2026, with notes on programs worth looking into.
Alberta
Lowest rate 8% · basic amount $22,769
Alberta Seniors Benefit · Dental and Optical Assistance for Seniors
Read the notes →BCBritish Columbia
Lowest rate 5.60% · basic amount $13,216
Senior's Supplement · Shelter Aid For Elderly Renters (SAFER)
Read the notes →MBManitoba
Lowest rate 10.80% · basic amount $15,780
55 PLUS Program · Manitoba Pharmacare Program
Read the notes →NBNew Brunswick
Lowest rate 9.40% · basic amount $13,664
New Brunswick Low-Income Seniors' Benefit · New Brunswick Prescription Drug Program (NBPDP) Seniors plan
Read the notes →NLNewfoundland and Labrador
Lowest rate 8.70% · basic amount $11,188
Newfoundland and Labrador Seniors' Benefit · Newfoundland and Labrador Income Supplement
Read the notes →NSNova Scotia
Lowest rate 8.79% · basic amount $11,932
Seniors Care Grant · Property Tax Rebate for Seniors
Read the notes →NTNorthwest Territories
Lowest rate 5.90% · basic amount $18,198
NWT Senior Citizen Supplementary Benefit · Senior Home Heating Subsidy
Read the notes →NUNunavut
Lowest rate 4% · basic amount $19,659
Senior Fuel Subsidy · Senior Citizen Supplementary Benefit
Read the notes →ONOntario
Lowest rate 5.05% · basic amount $12,989
Ontario Guaranteed Annual Income System (GAINS) · Ontario Seniors Dental Care Program
Read the notes →PEPrince Edward Island
Lowest rate 9.50% · basic amount $15,000
Seniors Independence Initiative · Seniors Property Tax Deferral Program
Read the notes →QCQuebec
QPP and Revenu Québec
Québec Pension Plan (QPP) retirement pension — Retraite Québec · Tax credit for home-support services for seniors (Revenu Québec)
Read the notes →SKSaskatchewan
Lowest rate 10.50% · basic amount $20,381
Seniors Income Plan (SIP) · Seniors' Drug Plan
Read the notes →YTYukon
Lowest rate 6.40% · basic amount $16,452
Pioneer Utility Grant · Yukon Seniors Income Supplement
Read the notes →2026 tax on $60,000 of retirement income
Federal plus provincial or territorial tax on the same income, using 2026 brackets and basic personal amounts only. Credits such as the age and pension amounts would lower every figure.
| Province or territory | Provincial basic amount | Lowest rate | Total tax on $60,000 | Marginal rate |
|---|---|---|---|---|
| Alberta | $22,769 | 8% | $9,171 | 28.5% |
| British Columbia | $13,216 | 5.60% | $9,015 | 28.2% |
| Manitoba | $15,780 | 10.80% | $11,211 | 33.3% |
| New Brunswick | $13,664 | 9.40% | $10,901 | 34.5% |
| Newfoundland and Labrador | $11,188 | 8.70% | $11,328 | 35% |
| Nova Scotia | $11,932 | 8.79% | $12,205 | 35.5% |
| Northwest Territories | $18,198 | 5.90% | $8,848 | 29.1% |
| Nunavut | $19,659 | 4% | $7,932 | 27.5% |
| Ontario | $12,989 | 5.05% | $8,817 | 29.6% |
| Prince Edward Island | $15,000 | 9.50% | $11,503 | 34% |
| Saskatchewan | $20,381 | 10.50% | $10,462 | 33% |
| Yukon | $16,452 | 6.40% | $9,018 | 29.5% |
Quebec is not shown because provincial tax is administered by Revenu Québec. Sources: CRA tax rates for 2026; CRA T4127 (January 2026).
Official sources
- CRA — Tax rates and income brackets for individuals (current year)
- CRA — T4127 Payroll Deductions Formulas (January 2026)
Figures checked October 30, 2026. Rules and amounts change; confirm current details on the official pages above.