Salary calculator CA

Gross monthly salaryCAD

Province or territoryWhere you lived on 31 December. It sets your provincial tax.

Take-home pay per month

$4,913

Federal income tax20.5 %−$737
Provincial or territorial tax9.15 %−$330
CPP (QPP in Quebec)5.95 %−$364
EI premium1.63 %−$94
Ontario Health Premium−$63

CPP stops at $74,600 of yearly pay. CPP2 then takes 4 % of pay up to $85,000.

EI stops at $68,900 of yearly pay, at most $1,123.07 a year.

Total cost to the employer$6,995

For guidance only. Your payslip can differ if you claim other allowances.

How it is calculated

The calculator turns your monthly gross pay into a yearly salary, works out federal and provincial tax and your contributions for the whole year, and shows one twelfth of each per month. You pick the tax year, 2026 or 2025, and the province or territory you live in.

Federal tax starts at 14 % in 2026 on the first $58,523 of taxable income and rises to 33 % above $258,482. For 2025 the first rate is 14.5 %, because it fell from 15 % to 14 % on 1 July 2025. The basic personal amount, the Canada employment amount and your CPP and EI contributions give credits at that lowest rate.

CPP takes 5.95 % of your pay between $3,500 and $74,600 in 2026 ($71,300 in 2025), and CPP2 takes another 4 % up to $85,000 ($81,200 in 2025). EI takes 1.63 % up to $68,900 in 2026 and 1.64 % up to $65,700 in 2025. The enhanced part of CPP and all of CPP2 are deducted from your taxable income.

Provincial tax uses your province's own brackets and basic personal amount. Ontario adds a surtax on higher tax bills and the Ontario Health Premium, shown on its own line, and its tax reduction and LIFT credit lower the tax on incomes up to $50,000 (LIFT is worked out for a single person). British Columbia's tax reduction does the same for incomes up to about $45,000 in 2026 ($40,800 in 2025). In Quebec you pay QPP instead of CPP, a lower EI rate plus a QPIP premium, Quebec income tax to Revenu Québec, and your federal tax is cut by the 16.5 % Quebec abatement.

Questions

How much is $5,000 a month after tax in Ontario?

In 2026 you take home about $3,945 a month. Federal tax is about $445, Ontario tax $199, the health premium $50, CPP $280 and EI $81.50.

Why does my pay stub show different deductions?

Employers withhold tax using the CRA payroll formulas and your TD1 forms, so each paycheque is an estimate. CPP and EI also stop once you reach the yearly maximum, so pay late in the year can be higher. Your real tax is settled when you file your return.

Do RRSP contributions lower my tax?

Yes. RRSP contributions are deducted from your income, so they save tax at your marginal rate. TFSA contributions are not deductible, but the growth and withdrawals are tax free. Neither is included in this calculator.

What is not included?

RRSP and union dues deductions, credits other than the basic personal amount, the Canada employment amount and contribution credits, low-income tax reductions outside Ontario and B.C., the Canada Workers Benefit, the Canada Child Benefit and employer payroll taxes.

Sources

Now keep it on track Set the result as a budget in Spendee and see each month how much is left.

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