On January 1, 2014, all indexed personal income tax amounts, including tax bracket thresholds and amounts used to calculate non-refundable tax credits, were adjusted by 0.9%. The Canada Child Tax Benefit and the goods and services tax credit will take effect July 1, 2014.
For 2014 the federal tax bracket thresholds are:

  • 22% for taxable income above $43,954
  • 26% for taxable income above $87,907; and
  • 29% for taxable income above $136,270.
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