Key numbers — 2025
Every limit, threshold, and rate for 2025. Source: CRA.
Federal income tax brackets
| Taxable income | Rate | Bracket rate (credit rate 14.50%) |
| $1 – $57,375 | 14.50% | 14.50% |
| $57,376 – $114,750 | 20.50% | 20.50% |
| $114,751 – $177,882 | 26.00% | 26.00% |
| $177,883 – $253,414 | 29.00% | 29.00% |
| Over $253,414 | 33.00% | 33.00% |
Federal BPA: $16,129 (phases to $14,538 above $177,882).
Canada Employment Amount: $1,471.
CPP and QPP
| Parameter | CPP (outside QC) | QPP (Quebec) |
| Year's Maximum Pensionable Earnings (YMPE) | $71,300 | $71,300 |
| Year's Additional Maximum Pensionable Earnings (YAMPE) | $81,200 | $81,200 |
| Basic exemption | $3,500 | $3,500 |
| Employee contribution rate | 5.95% | 6.40% |
| Base rate (earns credit) | 4.95% | 5.40% |
| CPP2 / QPP2 rate (YMPE → YAMPE) | 4.00% | 4.00% |
| Max employee contribution (CPP1 only) | $4,034 | $4,339 |
Employment Insurance (EI) and QPIP
| Parameter | Value |
| Maximum insurable earnings | $65,700 |
| Employee premium rate (outside QC) | 1.64% |
| Employee premium rate (Quebec) | 1.31% |
| Max EI premium (outside QC) | $1,077 |
| QPIP — maximum insurable earnings | $98,000 |
| QPIP — employee rate | 0.49% |
| QPIP — self-employed rate | 0.88% |
RRSP, TFSA, and FHSA limits
| Account | Limit | Amount |
| RRSP | Annual dollar limit | $32,490 |
| RRSP | 18% of prior year earned income | 18% of earned income |
| TFSA | Annual contribution limit | $7,000 |
| TFSA | Cumulative room since 2009 (if eligible every year) | $102,000 |
| FHSA | Annual contribution limit | $8,000 |
| FHSA | Lifetime limit | $40,000 |
Other key numbers
| Item | Amount | Notes |
| OAS clawback threshold | $93,454 | Net income above this reduces OAS by 15 cents per dollar |
| Lifetime capital gains exemption (LCGE) | $1,250,000 | On qualifying small business shares, farming, and fishing property |
| Capital gains inclusion rate | 50% | Fraction of capital gain included in income |
| Eligible dividend gross-up | 38% | Added to actual eligible dividend to get taxable amount |
| Non-eligible dividend gross-up | 15% | Added to actual non-eligible dividend to get taxable amount |
Source: CRA T4032 Payroll Deductions Tables and CRA Tax rates for individuals.
All numbers are for the 2025 tax year.
