Non-affiliation statement, methodology & privacy
1. Strict non-affiliation with the Government of Canada
CGI Navigator (accessible via canadagrowthincentive.ca and canadagrowthincentive.com) is a free, independent private Canadian educational publication and interactive tax-modeling guide.
This website is not affiliated with, endorsed by, sponsored by, authorized by, or operated by the Government of Canada, the Department of Finance Canada, the Canada Revenue Agency (CRA), or any federal or provincial crown entity. Official Government of Canada budget publications are available at canada.ca.
2. Descriptive statutory commentary
Our publication title is CGI Navigator. All references on this website to the "Canada Growth Incentive," "Lifetime Capital Gains Exemption," "Alternative Minimum Tax," or sections of the Income Tax Act (Canada) are nominative, descriptive references to public federal policy proposals tabled on November 5, 2026 for educational commentary and analysis.
3. Educational information only — not legal or tax advice
CGI Navigator does not provide legal, accounting, tax, or investment advice, and using this website does not create a solicitor-client or accountant-client relationship. Because the Canada Growth Incentive was introduced as a Federal Budget 2026 proposal on November 5, 2026, final statutory terms remain subject to Department of Finance draft technical legislation and parliamentary enactment. Always consult a licensed Canadian tax lawyer or Chartered Professional Accountant regarding your specific circumstances.
4. 2026 calculator & AMT methodology
Every calculator and worked example on CGI Navigator runs on one shared, open script (/tax-engine.js). The static tables printed in each guide are generated from that same script, so prose, tables and calculators always agree. Last verified: .
Federal constants (2026)
- Capital gains inclusion rate: 50% (the 2024 proposal to raise it was cancelled in March 2025).
- Lifetime Capital Gains Exemption: $1,275,000 (the $1,250,000 limit indexed by 2.0% for 2026, per CRA’s indexation table).
- Federal brackets: 14% to $58,523; 20.5% to $117,045; 26% to $181,440; 29% to $258,482; 33% above. Basic personal amount $16,452, reduced to $14,829 between $181,440 and $258,482.
- Proposed Canada Growth Incentive: up to $15,000,000 of exempt gains per qualifying individual, per business, on qualifying shares issued from November 5, 2026 and before 2037 and held 36 consecutive months.
Alternative Minimum Tax (federal)
- Rate 20.5% on adjusted taxable income above the 2026 exemption of $181,440 (the start of the 29% bracket).
- Capital gains are included at 100% for AMT; gains exempted by the LCGE, and under the proposal by the CGI, are included at 30%.
- Only 50% of the basic personal amount credit is allowed against AMT. We model no other credits or deductions on either side.
- AMT payable = minimum amount − regular federal tax (if positive). The 7-year carryforward (s. 120.2) is modelled as recoverable each later year only up to that year’s regular federal tax minus its minimum amount, at a future income you choose.
Provincial rates and provincial AMT
| Province / territory | Top rate | Top rate starts at | Top capital-gains rate | Provincial AMT modelled? |
|---|---|---|---|---|
| Ontario | 53.53% | $258,482 | 26.765% | Yes — 24.63% of federal AMT payable |
| British Columbia | 53.50% | $265,545 | 26.750% | No — 2026 factor unconfirmed |
| Alberta | 48.00% | $370,220 | 24.000% | No — 2026 factor unconfirmed |
| Quebec | 53.31% | $258,482 | 26.655% | No — separate Quebec AMT |
| Nova Scotia | 54.00% | $258,482 | 27.000% | No — 2026 factor unconfirmed |
| Newfoundland and Labrador | 54.80% | $1,141,275 | 27.400% | No — 2026 factor unconfirmed |
| New Brunswick | 52.50% | $258,482 | 26.250% | No — 2026 factor unconfirmed |
| Prince Edward Island | 53.00% | $258,482 | 26.500% | No — 2026 factor unconfirmed |
| Manitoba | 50.40% | $400,000 | 25.200% | No — 2026 factor unconfirmed |
| Saskatchewan | 47.50% | $258,482 | 23.750% | No — 2026 factor unconfirmed |
| Yukon | 48.00% | $500,000 | 24.000% | No — 2026 factor unconfirmed |
| Northwest Territories | 47.05% | $258,482 | 23.525% | No — 2026 factor unconfirmed |
| Nunavut | 44.50% | $258,482 | 22.250% | No — 2026 factor unconfirmed |
Manitoba’s combined rate peaks at 51.25% between $258,482 and $400,000 before dropping to 50.40%. Yukon’s is 45.80% between $258,482 and $500,000. Quebec’s 2026 provincial figures had not been confirmed by Quebec’s Ministry of Finance when our secondary source was revised.
- Simplification: regular tax on a capital gain is computed at the top combined rate on the whole taxable gain. For gains in the millions, the true figure is slightly lower because a small slice falls in lower brackets.
- Provincial AMT: outside Quebec, provincial AMT is a percentage of federal AMT. Ontario’s factor, revised from 33.67% to 24.63% from 2024 (lowest provincial rate ÷ 20.5%), is the only post-2024 factor we have verified. For the other provinces and territories, our calculators show federal AMT only and say so, rather than apply pre-2024 factors calibrated to the old 15% federal rate. Quebec’s separate AMT is not modelled.
- Not modelled: surtaxes and health premiums (for example, the Ontario Health Premium), dividends, losses, CNIL, OAS clawback, and U.S. state taxes except where a guide says otherwise.
How we keep this current
- We re-verify every page against the primary sources below whenever the Department of Finance publishes draft legislation, a Notice of Ways and Means Motion, or explanatory notes for the Canada Growth Incentive, and whenever CRA publishes new indexation figures.
- Each guide carries a Last Verified date. Each page’s
dateModifiedand sitemaplastmodchange only when its content actually changes. - Where the Budget 2026 annex is silent (for example, SAFE conversions, option exercises, the exact LCGE interaction, or how a “business” is defined), we label the point an open question rather than guess.
Primary and secondary sources
- Department of Finance Canada — Budget 2026: Tax Measures: Supplementary Information (sections “Canada Growth Incentive – Capital Gains Exemption” and “Canada Growth Incentive – Rollover for Investments in Small Businesses”), tabled November 5, 2026.
- Department of Finance Canada — Notice of Ways and Means Motion to amend the Income Tax Act (Budget 2026).
- Canada Revenue Agency — Indexation adjustment for personal income tax and benefit amounts (2026 indexation 2.0%; 2026 LCGE $1,275,000; 2026 federal brackets).
- Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.), s. 110.6 — Lifetime Capital Gains Exemption and “qualified small business corporation share” definition.
- Income Tax Act, ss. 127.5–127.55 — Alternative Minimum Tax.
- Income Tax Act, s. 120.2 — 7-year minimum tax carryover.
- Secondary reference for provincial rates: TaxTips.ca — 2026 Canadian tax rates (provincial pages revised November 8, 2026).
- Secondary reference for AMT mechanics: TaxTips.ca — Alternative Minimum Tax (revised November 8, 2026).
5. Privacy policy
Calculator inputs and eligibility self-check selections run locally in your web browser and are not transmitted to a server unless you voluntarily subscribe to legislative email updates. Email addresses submitted to our legislative alert list are used solely to send plain-English updates when federal draft legislation or parliamentary milestones occur. We do not sell or rent subscriber email addresses. Every alert email includes a personal unsubscribe link; unsubscribing deletes your address from our list immediately. You can also reply to any alert email to be removed.