Questions about 2027 are already coming in. Some have firm answers because the numbers are published. Others have none yet, and we say so. Each answer shows whether it is confirmed or still open. The full table is on the 2026 vs 2027 comparison.
What is the RRSP limit for 2027?
Confirmed: $35,390, up from $33,810 in 2026. Your own limit is the lesser of that and 18% of your earned income from the year before, minus pension adjustments, plus unused room. Your notice of assessment shows your exact room.
What will EI cost in 2027?
Confirmed: the employee rate is 1.64% on insurable earnings up to $70,800, so the most an employee pays is $1,161.12. Employers pay 1.4 times the employee amount. Quebec has its own, lower EI rate and also charges QPIP.
What are the 2027 CPP numbers?
Not published yet at the time of writing. The 2026 ceilings are $74,600 for the first level and $85,000 for the second. The 2027 ceilings usually come out in the fall, so check the CRA payroll pages. Until then, treat any figure you see elsewhere as an estimate.
What is the TFSA limit for 2027?
Not announced yet. For 2026 it is $7,000. The annual limit is indexed to inflation and rounded, so it may change in some years and stay put in others. Your total room also depends on your age, past contributions and withdrawals, so check your CRA account.
Will the federal tax brackets change in 2027?
The brackets are indexed to inflation each year, and the factor for 2027 is normally announced in the fall. It has not been confirmed here. See the 2026 rates and limits for what applies to the return you file in 2027.
When do I file my 2026 return in 2027?
Most people file by April 30, 2027, and any balance is due the same day. Self-employed people have until June 15, 2027 to file, but must still pay by April 30. The RRSP deadline for the 2026 tax year is Monday, March 1, 2027. See the 2027 tax calendar, which also has a calendar file you can download.
Are any provinces changing something in 2027?
A few changes have been announced, and some are not law yet. Treat these as items to watch, and check your province before you rely on them.
- Manitoba: new homeowners and renters affordability credits, $1,700 and $675, are set to start on January 1, 2027 under a bill the province introduced.
- Prince Edward Island: its budget announced a new 20% bracket on taxable income over $200,000 from January 1, 2027.
- Nova Scotia: a bill that would change the overtime threshold to 44 hours from April 1, 2027 had been tabled but not passed when we checked.
Your province page has the rest, for example Manitoba or all provinces and territories.
Should I change my plans for 2027 now?
For most people the answer is no. Keep using the 2026 rules for 2026 decisions, because the return you file in 2027 is still the 2026 return. Try the income tax calculator for 2026 and check back here when more 2027 numbers appear.
Where does this information come from?
It comes from the CRA limits table, the OSFI actuarial report on the 2027 EI premium rate and other open sources, checked in October 2026. This is an independent information site: we provide no services, we do not represent the CRA or any organization, and we do not guarantee that anything here is accurate or current. We accept no liability for decisions based on it. Check the official source before you rely on it. See the full disclaimer.
A first look at next year’s pay: take-home pay 2027 preview.