One place for every 2027 change to Canadian taxes, payroll, benefits and rent, across Canada and province by province. The first part lists what a government body has already published, with the date it takes effect. The second lists what is still to come and when it usually arrives. Each row links to the page with the full detail.
Last checked October 13, 2026 against the CRA's table of yearly limits: the 2027 RRSP limit is out; the 2027 CPP ceilings and TFSA limit are not. Next dated release: September inflation, , then the Bank of Canada on .
A 6% tax on short-term rentals of passenger vehicles with eight seats or fewer, on the rental price before GST. Long-term leases, cargo vans, moving trucks and itemized insurance or fuel charges are excluded.
Income tax brackets and credits frozen for 2027 to 2030
Indexation of personal income tax brackets and non-refundable credits is paused at their 2026 levels for the 2027 to 2030 tax years and resumes for 2031. The thresholds you see on the BC tax brackets page will not rise with inflation next year, so a raise that keeps pace with prices pushes more income into the next bracket. Proposed in Budget 2026; not yet law.
The top rate, paid by foreign owners and owners whose income is mostly untaxed in Canada, rises from 3% to 4% of assessed value, based on how the home is used in 2027. A $250 penalty applies to owners who miss the March 31 declaration from 2027. Proposed in Budget 2026; not yet law.
The extra $200 northern and rural home owner benefit is repealed; the home owner grant becomes $570 everywhere in the province. Proposed in Budget 2026; not yet law.
Rises from 0.2% to 0.3% on the assessed value between $3,000,000 and $4,000,000, and from 0.4% to 0.6% above $4,000,000. On a $4,500,000 home that is $6,000 a year instead of $4,000.
Rent for an existing tenant can rise by at most 3%. The province states the cap without a year; its 2027 extension is so far reported in the news only.
Time-of-Use falls to 9.1¢ off-peak, 14.6¢ mid-peak and 18.9¢ on-peak per kWh, and every other plan price falls too. The Ontario Electricity Rebate drops from 23.5% to 15.7%.
These are not published yet. The timing is when each one has usually arrived in past years, not a promise. We add each figure the day it is published and move it to the table above.
Quebec: the new Parti Québécois minority government promised to halve QST on fuel for a year, remove QST on used goods and vehicles, and pay a $125 fuel rebate to people earning under $40,000. Promises only until a bill is tabled
Government of Quebec
Election held October 5, 2026; no legislation yet
Provincial budgets
Each province
Usually February to April
Canada Child Benefit amounts for July 2027 to June 2028
Canada Revenue Agency
New benefit year starts July 2027
Looking back
The full list of what changed this year, from the brackets to the new-home rebates, is on what changed in 2026.
Frequently asked questions
What changes for my paycheque in January 2027?
Two payroll deductions change. The CPP employee rate falls to 5.75%, which leaves a little more in each cheque, and EI premiums apply to earnings up to $70,800 at 1.64%. The 2027 income tax brackets are not published yet. The CRA usually releases them in November.
When is the 2027 TFSA limit announced?
The CRA usually announces it in November. It is the 2009 limit of $5,000 indexed to inflation and rounded to the nearest $500, so it cannot be known for sure until then. This page and the TFSA limit page update the day it is published.
When are taxes due in 2027?
Your 2026 return is due April 30, 2027, and so is any balance owing. Self-employed people and their spouses can file by June 15, 2027. The RRSP deadline for the 2026 tax year is expected to be March 1, 2027.
How do I know a figure on this page is official?
Every figure in the first table comes from a published government source, and each linked page names it. Anything not yet published is in the second table with its usual timing, never as a guessed number.
Sources
Every figure on this page comes from one of these primary sources. Data last verified .