Example$75,000 employment income · Ontario · results update as you type

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About this calculator

Updated April 2026

Use the Canadian salary and tax calculator to see your 2026 take-home pay after federal tax, provincial tax, CPP, CPP2, and EI. The tool supports all 13 provinces and territories and models optional RRSP contributions so you can compare scenarios before you run payroll.

What you can do with it

  • Compare job offers across provinces (Ontario vs BC vs Alberta vs Quebec).
  • See how much of a salary bump actually lands in your bank account.
  • Model an RRSP contribution and watch your refund (or tax owing) update instantly.
  • Estimate the 2026 CPP2 second-tier contribution on earnings above the YMPE.

How the math works

Take-home pay starts with gross employment income, subtracts federal tax using the 2026 brackets (including the new 14% first-tier rate), then provincial tax using the province-specific brackets, credits, surtax, and health premiums. CPP is calculated up to the $71,300 YMPE plus CPP2 up to $81,200, and EI is applied up to the $65,700 maximum insurable earnings. Results are rounded and intended for planning - always reconcile against your actual T4 and pay stub.

Canadian context - 2026

2026 key numbers: federal basic personal amount $16,129, CPP rate 5.95%, CPP2 rate 4.0%, EI employee rate 1.64%, RRSP annual limit $33,810, TFSA annual room $7,000.

Frequently asked questions

How is take-home pay calculated in Ontario?

Ontario take-home pay starts with gross employment income, then subtracts federal and Ontario income tax (using 2026 brackets and credits), Canada Pension Plan (CPP/CPP2), Employment Insurance (EI), and any pre-tax deductions you model (such as RRSP). Provincial surtaxes and the Ontario health premium may apply at higher income levels.

Does this calculator include CPP and EI for 2026?

Yes. The tool uses 2026 CPP and CPP2 rates and ceilings and 2026 EI premiums, capped at the maximum insurable earnings. Results are illustrative-verify with your pay stub or accountant.

Can I compare provinces?

You can select any province or territory to see how federal and provincial brackets, credits, and premiums change your net pay. Rates and thresholds differ by jurisdiction.

Is this financial or tax advice?

No. MoneyMetrics provides educational estimates. Use official CRA guidance, your employer’s payroll, or a qualified professional for decisions.

Long-form explainers that pair with this calculator.