Canada Tax Rates 2025. That comes after a 4.7% increase in 2024. Tax brackets are adjusted each year to account for inflation, and in 2025, they are increasing by 2.7%.
While federal tax rates remain unchanged, the income thresholds for each bracket have shifted to account for a 2.7% indexation increase, a decrease from the 4.7% adjustment seen in 2024. Canada pension plan maximum pensionable.