Registered Retirement Savings Plan (RRSP) contributions

• Last day for 2025 contribution: March 2, 2026
• Maximum contribution for 2026: $33,810
• Maximum contribution for 2027: $35,390
• New RRSP contribution room becomes available for 2026: January 1
• Deadline to contribute to RRSP if account owner turns 71 in the year: December 31, 2026
• Deadline to convert RRSP to RRIF if account owner turns 71 in the year: December 31, 2026

Advanced Life Deferred Annuity (ALDA)

• Maximum for 2026: $180,000

First Home Savings Account (FHSA)

• Maximum contribution for year one: $8,000
• Maximum contribution for year two: $8,000 + unused contribution from year one
• Lifetime limit: $40,000

Tax-Free Savings Account (TFSA)

• Maximum contribution for 2026: $7,000
• Last day for 2026 contribution: December 31; unused contributions roll over year to year
• Maximum catch-up contribution as of 2026 (for someone 18+ in 2009 and a Canadian resident since): $109,000

Canada Pension Plan (CPP)

• Year's maximum pensionable earnings (YMPE) for 2026: $74,600
• Year’s additional maximum pensionable earnings (YAMPE) for 2026: $85,000
• Employee and employer contribution rate for 2026: 5.95%
• Maximum employee and employer contribution for 2026: $4,230.45
• Maximum annual self-employed contribution for 2026: $8,460.90
• Average retirement pension for new beneficiaries at age 65 (2025): $76/month
• Maximum retirement pension at age 65 (2026): $1,507.65/month

Old Age Security (OAS)

• Maximum pension age 65–74 (Q1 2026): $31/month
• Maximum pension age 75+ (Q1 2026): $54/month
• Recovery tax (clawback) July 2025–June 2026: begins at $90,997
• Recovery tax (clawback) July 2026–June 2027: begins at $93,454
• Maximum net world income recovery threshold age 65–74 (July 2025–June 2026): $148,451
• Maximum net world income recovery threshold age 75+ (July 2025–June 2026): $154,196

Registered Disability Savings Plan (RDSP)

• Canada disability savings grant maximum: $3,500 annually, $70,000 lifetime if family net income is below$114,750 (2025)
• Canada disability savings bond maximum: $1,000 annually, $20,000 lifetime if family net income is below$37,487 (2025)
• Deadline to open a plan, make contributions, and apply for the grant and bond for 2026: December 31, 2026

Personal income tax

• T4s/T5s due: March 2, 2026
• Federal basic personal amount, if net income is ≤$177,822: $16,129 (2025)
• Federal basic personal amount, if net income is >$253,414: $15,705 (2025)
• Federal basic personal amount, if net income is other: complete the calculation at line 30000 on the federal worksheet
• Federal alternative minimum tax: 20.5% (exemption ≤$177,882)
• Lifetime capital gains exemption (LCGE) for 2025: $1,250,000
• Personal income tax return deadline: April 30, 2026
• Personal income tax return deadline for self-employed with business expenditures: June 15, 2026
• Personal income tax payment due: April 30, 2026

Federal income tax rates for 2026:

• 14% on the portion of taxable income that is $58,523 or less, plus
• 5% on the portion of taxable income over $58,523 up to $117,045, plus
• 26% on the portion of taxable income over $117,045 up to $181,440, plus
• 29% on the portion of taxable income over $181,440 up to $258,482, plus
• 33% on the portion of taxable income over $258,482

Corporate income tax

Deadline to file corporate income tax returns for 2025 where the corporate year-end is December 31: June 30, 2026

• Toronto Stock Exchange:

• • As of December 31, 2025: 31,712.76 points
  • Annual return for 2025 (including dividend payouts): 32.2%
  • Record close, on December 23, 2025: 32,058.73 points

• Dow Jones Industrial Average:

• • As of December 31, 2025: 48,063.29 points
  • Annual return for 2025: 14.92%
  • Record close, December 24, 2025: 48,731.16 points

• GICs one-year term for registered accounts (Q1 2026): 2.00%–3.60% (rates vary by lender and sum invested)
• GICs five-year term for registered accounts (Q1 2026): 2.20%–3.85% (rates vary by lender and sum invested)

• Consumer Price Index: +2.3% (year-over-year as of January 2026)
• Debt-to-household-disposable-income ratio (as of Q3 2025): 176.7%
• Prime rate: 4.45%

• Average life insurance coverage per household: $509,000 (2024)
• Province with highest average protection per insured household: Alberta @ $606,000 (2024)
• Death benefits paid by all Canadian insurers: $8.9 billion (2024)
• Living benefits including disability benefits, cash surrenders, or dividends: $9.7 billion (2024)
• Total health insurance benefits paid: $53.3 billion (2024)
• Retirement benefits from annuities paid by all Canadian insurers: $71.4 billion (2024)

• Direct written premiums for homes, cars, and businesses (2022): $83 billion
• Claims paid (2022): $42 billion
• Accident and sickness products as share of total (2022): 2%