Limits of our calculators

Figures are based on publicly available 2026 federal and provincial guidelines from the Canada Revenue Agency, IRCC, Statistics Canada, the Bank of Canada, and provincial finance ministries. Real-world results depend on factors our calculators cannot know, including but not limited to:

• Specific tax credits and deductions you qualify for
• Employer benefits, pension adjustments, RPP contributions
• Other income sources (rental, investment, foreign)
• Provincial surtaxes and means-tested programs
• Mid-year legislative changes
• Your individual residency status, family situation, or filing history

Information may go out of date

Tax laws, benefit amounts, interest rates, and immigration thresholds change regularly. We review every page at least every 90 days and update annual constants within 14 days of CRA announcements (see our methodology), but we cannot guarantee every figure is current at the moment you read it. Always verify important numbers with the original source — typically canada.ca — or a qualified professional.

No liability

LoonieLabs is not responsible for any decision you make based on the output of our calculators or the content of our articles. We are not liable for any loss, penalty, interest charge, or damage — direct, indirect, incidental, or consequential — that may result from using this site. Use at your own risk.

No affiliation with government

LoonieLabs is an independent publisher. We have no affiliation with the Government of Canada, the Canada Revenue Agency, IRCC, the Bank of Canada, or any provincial government. Links to canada.ca and other government domains are provided for convenience and reference only.

Spotted an error?

Please tell us. We acknowledge corrections within 48 hours and publish a fix within 7 days. Contact us or email hello@loonielabs.ca.