Compare taxes and see how much you save moving from Ontario to Newfoundland and Labrador
Ontario residents pay significantly less provincial income tax than residents of Newfoundland and Labrador at every income level. At $100,000, Ontario saves $5,131 per year in provincial income tax. Newfoundland also charges 15% HST — two percentage points more than Ontario's 13%, adding approximately $800/year in extra sales tax costs. Despite this combined tax disadvantage, Newfoundland has some of Canada's lowest housing costs and a fiercely proud East Coast culture. Oil and gas sector workers in Newfoundland's offshore industry often offset the tax burden with above-average wages. For Ontario residents attracted to Atlantic Canada's slower pace of life, the financial trade-off versus PEI or Nova Scotia is often favourable given Newfoundland's particularly low housing market.
Lower Income Tax
5 progressive brackets from 5.05% to 13.16%
High Income Tax + 15% HST
7 progressive brackets from 8.7% to 21.8%
At $100,000 income:
Ontario residents pay $5,131 less per year in provincial income tax than Newfoundland and Labrador at $100,000. Newfoundland also charges 15% HST versus Ontario's 13%, adding ~$800/year in additional sales tax costs.
| Income | ON Tax | NL Tax | Savings | 10-Year |
|---|---|---|---|---|
| $50,000 | $2,525 | $4,745 | -$2,220 | -$22,200 |
| $75,000 | $4,753 | $8,369 | -$3,616 | -$36,160 |
| $100,000 | $7,041 | $12,172 | -$5,131 | -$51,310 |
| $150,000 | $12,563 | $20,072 | -$7,509 | -$75,090 |
| $250,000 | $25,023 | $38,467 | -$13,444 | -$134,440 |
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Send Money To/From Canada →Ontario is significantly cheaper on both income tax and sales tax. At $100,000 income, Ontario saves $5,131/year in provincial income tax. Ontario's 13% HST is also 2 percentage points lower than Newfoundland's 15%, saving roughly $800/year more on $40,000 of spending. Total annual advantage for Ontario: approximately $5,931.
Newfoundland and Labrador 2026 provincial brackets: 8.7% to $43,198; 14.5% to $86,395; 15.8% to $154,244; 17.8% to $215,943; 19.8% to $275,870; 20.8% to $551,739; 21.8% above $551,739. Source: Newfoundland and Labrador Department of Finance.
Newfoundland's finances have historically been constrained by geography, a small population, and past economic challenges. Despite offshore oil revenues in good years, the province has carried significant debt and uses higher income and sales taxes to fund public services. The province has made efforts to attract workers, including through immigration, to broaden its tax base.
Yes, for those working in offshore oil and gas (primarily out of St. John's), high industry wages can more than offset Newfoundland's higher taxes. An offshore worker earning $150,000+ may find their after-tax income comparable to or better than a similar worker in Ontario, once housing cost savings are factored in.
Newfoundland housing costs are dramatically lower than Ontario's. In St. John's, detached homes typically range from $300,000–$500,000 — versus $900,000–$1,500,000 in Toronto. For families, the ability to afford a home with a yard can more than offset the higher tax burden.
Newfoundland charges 15% HST — the same as Nova Scotia, New Brunswick, and PEI. This is a combined 5% federal GST plus 10% provincial component. It's among Canada's highest sales tax rates and applies to most goods and services.
The Atlantic migration trend driven by remote work (2020–2023) has slowed somewhat as remote work policies tightened. Newfoundland's growth was more modest than Nova Scotia or PEI. For remote workers who can genuinely work from anywhere, the housing cost savings often still outweigh the tax disadvantage — but it requires careful income modeling at higher salaries.