Business Income Eligible for SBD¹ – 2017

This document has been updated on October 24th, 2017 and reflects the state of the Law,
including draft amendments, at that date.

2017 % Combined %
Federal 10.50
Provincial
Alberta 2.002 12,50
British Columbia 2.133 12.63
Manitoba 0.00 10.50
New Brunswick 3.134 13.63
Newfoundland and Labrador 3.00 13.50
Northwest Territories 4.00 14.50
Nova Scotia 3.00 13.50
Nunavut 4.00 14.50
Ontario 4.50 15.00
Prince Edward Island 4.50 15.00
Quebec
 Without MPP / With MPP  8.00/4.005 18.50/14.50
Saskatchewan 2.00 12.50
Yukon
Without MPP / With MPP 2.506 / 1.50 13.50 / 12.00

1 $500,000 eligible for the SBD for federal purposes and all provinces and territories except Manitoba ($450,000). In all jurisdictions, the SBD is progressively reduced when paid-up/taxable capital of all associated corporations is greater
than $10M and is eliminated when it is $15M.
2 Rate reduced to 2% since January 1, 2017 (3% before that date).
3 Rate reduced to 2% since April 1, 2017 (2.5% before that date). Average rate of 2.13% for 2017.
4 Rate reduce to 3% since April 1, 2017 (3.5% before that date). Average rate of 3.13% for 2017.
5 Rate reduced up to 4% for SMEs in primary and manufacturing sectors, based on their proportion of activities in these sectors.
6 Rate reduce to 2% since July 1, 2017 (3% before that date). Average rate of 2.5% for 2017.