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Non-Eligible Dividend Tax Credit Rates and Amounts of Dividends       

(5) Manitoba’s DTC rate on non-eligible dividends decreased to 0.83% (from 1.75%) of the 

taxable amount of the dividend effective January 1, 2014.

(6) Ontario reset its 2014 provincial DTC rate on non-eligible dividends to the 2013 rate of 4.5% 

effective January 1, 2014.   

(7) Quebec’s DTC rate on non-eligible dividends decreased to 7.05% (from 8.0%) of the 

taxable amount of the dividend effective January 1, 2014.

(8) New Brunswick’s DTC rate on non-eligible dividends is 5.3% but the legislation has not yet 

been amended to reflect this rate.

(9) Prince Edward Island’s DTC rate on non-eligible dividends increased to 3.2%(from 2.9%) of 

the taxable amount of the dividend effective January 1, 2014.

(10) Newfoundland and Labrador decreased its DTC rate on non-eligible dividends to 4.1% 

(from 5.0%) of the taxable amount of the dividend effective July 1, 2014.  

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Current as of December 31, 2014