Sask lowest tax rate as percentage of GDP Quebec was Canada’s most taxed province in 2017, while Saskatchewan residents enjoy the country’s lowest tax burden when compared to its GDP, according to a new Universit de Sherbrooke report.
Quebec’s tax rate as a percentage of its GDP came in at 37.3 per cent, more than the rest of the country as well as the federal rate. Nova Scotia’s tax rate was the second highest in Canada, at 36.2 per cent, followed by Ontario’s, at 34.1 per cent.
Saskatchewan boasted the country’s lowest tax rate as a percentage of GDP, at 27.1 per cent. Alberta had the second lowest rate at 28.6 per cent, while Newfoundland and Labrador had the third lowest at 29.8 per cent.