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Federal tax rates for 2009 are:

• 15% on the first $40,726 of taxable income, +
• 22% on the next $40,726 of taxable income (on the portion of taxable income between $40,726 and $81,452), +
• 26% on the next $44,812 of taxable income (on the portion of taxable income between $81,452 and $126,264), +
• 29% of taxable income over $126,264.

Provincial / Territorial tax Provinces / TerritoriesRate(s)Newfoundland and Labrador7.7% on the first $31,061 of taxable income, +
12.8% on the next $31,060, +
15.5% on the amount over $62,121Prince Edward Island9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969Nova Scotia8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820 +
17.5% on the amount over $93,000New Brunswick9.65% on the first $35,707 of taxable income, +
14.5% on the next $35,708, +
16% on the next $44,690, +
17% on the amount over $116,105QuebecContact Revenu QuébecOntario6.05% on the first $36,848 of taxable income, +
9.15% on the next $36,850, +
11.16% on the amount over $73,698Manitoba10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000Saskatchewan11% on the first $40,113 of taxable income, +
13% on the next $74,497, +
15% on the amount over $114,610Alberta10% of taxable incomeBritish Columbia5.06% on the first $35,716 of taxable income, +
7.7% on the next $35,717, +
10.5% on the next $10,581, +
12.29% on the next $17,574, +
14.7% on the amount over $99,588Yukon7.04% on the first $38,832 of taxable income, +
9.68% on the next $38,832, +
11.44% on the next $48,600, +
12.76% on the amount over $126,264Northwest Territories5.9% on the first $36,885 of taxable income, +
8.6% on the next $36,887, +
12.2% on the next $46,164, +
14.05% on the amount over $119,936Nunavut4% on the first $38,832 of taxable income, +
7% on the next $38,832, +
9% on the next $48,600, +
11.5% on the amount over $126,264

Home Renovation Tax Credit (HRTC)

Only available for the 2009 tax year.

The Home Renovation Tax Credit is a non-refundable tax credit based on eligible expenses for improvements to your house, condo or cottage. It can be claimed on your 2009 income tax return. It applies to work performed or goods acquired after January 27, 2009, and before February 1, 2010 under an agreement entered into after January 27, 2009.

Important Notice
Eligible expenses for goods acquired during this period, even if they are installed after January 2010, will still qualify. If an eligible expense involves work performed by a contractor or a third party, and the work is not completed by the end of the eligible period, only the portion that is completed before February 1, 2010 will qualify even if a payment has been made.

The HRTC applies to eligible expenses of more than $1,000, but not more than $10,000, resulting in a maximum non-refundable tax credit of $1,350 [($10,000 - $1,000) × 15%].


For more information & forms visit CRA website