Updates & Changelog

New calculators, rate updates, bug fixes and improvements to calk-ca.com.

262026

Fix

Federal LIF withdrawal limits corrected to the official 2026 table

The maximum you may withdraw from a federally regulated LIF or RLIF is set by OSFI each January. Our table was slightly low — it tracked the 2025 reference rate rather than the 2026 one. It now matches OSFI exactly: 5.2096% at age 55, 6.0272% at 65 and 11.6128% at 80, reaching 100% at 89. Newfoundland and Labrador, which mirrors the federal formula, was updated with it. We also added a HELOC detail that catches people with re-advanceable mortgages: only the portion up to 65% of your home value can revolve — anything from 65% to 80% has to be amortizing, and paying it down permanently lowers your limit.

Fix

Vacation pay, termination notice and CMHC premiums corrected

A verification pass against employment-standards and CMHC sources found several calculators using rules that were too simple. Vacation pay now uses each jurisdiction’s real threshold instead of assuming five years everywhere — Quebec steps up to 6% after 3 years, the territories after 6, the Maritimes after 8, Newfoundland after 15, Saskatchewan reaches 7.69% after 10, and Yukon never increases. Ontario and Alberta were missing their 6% step entirely. A federal (Canada Labour Code) option was added, including the 8% tier after 10 years. Ontario termination notice now follows the statutory table (2 weeks from 1 to 3 years of service, not 1). And mortgage calculators now add the 0.20% CMHC surcharge that applies when amortization runs past 25 years.

Rate Update

Halifax property tax rate updated for 2026–27

Halifax Regional Municipality set its average urban general residential property tax rate at 0.798% ($0.798 per $100 of assessment) for the 2026–27 fiscal year, up from 0.770%. The Halifax property tax calculator now uses the exact figure. Verified against halifax.ca. Alberta income-tax brackets, land-title fees and minimum wage, and Calgary’s rate, were re-checked against their sources and are unchanged.

Rate Update

Data corrections: BC foreign-buyer tax, carbon levy, OAS clawback, Quebec welcome tax

A source-verification pass corrected four figures. BC's additional foreign-buyer property transfer tax is a flat 20% of fair market value in the designated regions (a page previously described it as a 2% rate rising to 20%). The federal consumer carbon levy (fuel charge) was removed on April 1, 2025 — the fuel-cost page no longer shows a per-tonne carbon charge. For 2026, OAS is fully clawed back at about $154,708 for ages 65-74 and $160,647 at 75+. And the Quebec transfer-duty (welcome tax) second bracket now tops out at $315,000 (2026 indexed value, Gazette officielle du Québec). All verified against BC, federal and Quebec government sources.

Rate Update

Canada Child Benefit — new 2026–2027 benefit year

The Canada Child Benefit reset for the July 2026 to June 2027 benefit year, with a 2% inflation increase. The maximum is now $8,157 per child under 6 (up from $7,997) and $6,883 per child aged 6 to 17 (up from $6,748). The Child Disability Benefit rose to $3,480, and the income level where the benefit starts to phase out increased to $38,237. The child-benefit calculator and related pages are updated in both languages.

Rate Update

GST/HST credit becomes the Canada Groceries and Essentials Benefit (CGEB)

From July 2026 the GST/HST credit is paid as the new Canada Groceries and Essentials Benefit (CGEB). Eligibility and the calculation are unchanged, but amounts are 25% higher for five years (2026–2031). The maximums are now $679 for a single adult, $890 for a couple, and $234 per child under 19, with the phase-out beginning at $46,432 of family net income. Our GST/HST credit calculator is updated to the new CGEB amounts in both languages.

Rate Update

Home Buyers' Tax Credit and Calgary property tax corrected

The federal Home Buyers' Tax Credit is now $1,400 — it is valued at the lowest federal tax rate, which dropped to 14% for 2026, so $10,000 × 14% = $1,400 (down from $1,500 at the old 15% rate). Calgary's 2026 residential property tax rate was also updated to about 0.665%. Both were flagged by our freshness monitor and verified against official sources.

Rate Update

Mid-year 2026 data refresh

A follow-up freshness pass updated the remaining 2026 figures across the calculators: OAS clawback ($95,323), CPP maximum pension ($1,508/month), EI maximum benefit ($729/week), provincial disability tax credits across 10 provinces, employer payroll taxes (BC, Manitoba, Quebec), Bank of Canada overnight (2.25%) and prime (4.45%) rates, the lifetime capital gains exemption ($1.275M), 2026 vehicle deduction limits, Nova Scotia HST (14%), the Quebec tuition credit (8%), the Roulez vert rebate ($2,000), Montreal welcome-tax brackets, the federal LIF withdrawal table, and Alberta land-title fees. All verified against official CRA, provincial and Bank of Canada sources.

Mobile

iOS app now on the App Store

CALK Canada is now available as a free app on the Apple App Store for iPhone and iPad. Every calculator works fully offline, and content updates automatically with no app store update required.

Rate Update

2026 rates and benefits refreshed

A province-by-province freshness pass updated dozens of 2026 government figures in both languages: minimum wages (13 provinces/territories + federal), GST/HST credit, Canada Child Benefit, OAS clawback thresholds, CPP maximums, Quebec QPIP (0.430%), property tax rates for 23 cities, and the disability and caregiver tax credits. All verified against official CRA, Service Canada and provincial sources.

New Calculator

22 new calculators added

Major expansion across benefits, tax credits, and financial planning. Includes Canada Child Benefit (CCB), GST/HST Credit, Canada Workers Benefit, Canada Dental Benefit, Disability Tax Credit, Caregiver Credit, Tuition Credit, HBTC, HELOC, Reverse Mortgage (CHIP), HISA, Real Estate Commission, Spousal RRSP, Crypto Tax, FIRE calculator, Pension Splitting, Income Splitting, LIRA/LIF, Prescribed Rate Loan, Bonus Tax, Wedding Budget, and Cost of Raising a Child. All available in English and French.

Feature

Enhanced calculators: RRIF, OAS, Severance Pay, Tax Return

Four major calculators got new modes. RRIF now compares three withdrawal strategies (minimum vs even drawdown vs tax-optimized meltdown). OAS includes age 65-70 deferral comparison with breakeven analysis. Severance Pay added the Bardal factors wizard for common-law notice estimates. Tax Return Estimator now supports detailed deductions and credits.

New Calculator

Regional pages: 31 new location-specific calculators

Bonus Tax by province (13 pages for all provinces and territories), 8 new property tax city calculators (Quebec City, London, Halifax, Victoria, Saskatoon, Regina, St. John's, Kitchener), and 10 cost-of-living city comparisons (Toronto vs Vancouver, Calgary vs Edmonton, Halifax vs Toronto, and more).

New Calculator

Salary after-tax pages by province

You can now see a detailed tax breakdown for any salary in a specific province. Available for 10 salary levels across all 13 provinces and territories in French.

New Calculator

Sales tax pages by province

New dedicated pages for each province showing GST/HST/PST rates, before/after tax calculations for common amounts, and comparisons with other provinces.

New Calculator

Mortgage payment pages by province

Province-specific mortgage pages with average home prices, typical payment calculations, and local housing market context for all 13 provinces.

Content

Educational guides added to every calculator

All 189 calculator pages now include detailed guides explaining how the calculation works, with data tables, practical tips, and links to official Canadian sources.

Feature

More salary pages: $25K to $500K

Salary after-tax pages now cover 47 amounts from $25,000 to $500,000 in both English and French. See your take-home pay by province for any income level.

Mobile

Improved mobile experience

Calculator layouts now adapt better on phones: comparison panels stack vertically, buttons are larger for easier tapping, and data tables scroll smoothly on small screens.

Rate Update

CPP maximum benefit updated for 2026

The CPP benefits calculator now reflects the 2026 maximum of $1,507.65/month at age 65. Early start (age 60) reduces your benefit by 36%; deferring to 70 increases it by 42%.

Rate Update

Carbon tax set to $0

The federal consumer carbon tax was eliminated on March 15, 2025. The calculator now shows the $0/tonne rate and notes that Climate Action Incentive Payment (CAIP) rebates have ended.

Rate Update

Parental leave benefits updated

EI maternity and parental benefit calculator updated with 2026 values: maximum weekly benefit of $729 (standard) and $437 (extended), based on max insurable earnings of $68,900.

Rate Update

All 2026 tax year rates confirmed

Federal and provincial tax brackets, CPP/CPP2/EI rates, TFSA limit ($7,000), RRSP limit ($33,810), OAS/GIS amounts and CMHC insurance premiums verified against official CRA, CMHC and Bank of Canada publications.

Launch

calk-ca.com launched with 250+ calculators

120+ English and as many French calculators for income tax, mortgage payments, RRSP, TFSA, CPP, OAS, car loans, business tools, health calculators and more. All calculations use official 2026 Canadian data.

Feature

Full French bilingual support

Every calculator is available in both English and French. Switch languages using the toggle in the header or footer. French pages use Canadian financial terms: REER, CELI, RPC, AE, SCHL.

Mobile

Android app on Google Play

CALK Canada is available as a free app on the Google Play Store. Works offline for core calculators so you can use it anywhere.

Feature

Dark mode and offline support

Choose between light, dark, or system theme. The site works offline as a Progressive Web App, so your most-used calculators load even without internet.