📊Percentage Calculator

Calculating Sales Tax (GST/HST/PST)

In Canada, sales tax is almost never included in the shelf price. To find your final cost, you must calculate the percentage based on your province (e.g., 5% GST in Alberta, 13% HST in Ontario, or 15% HST in the Maritimes). Our calculator helps you quickly add these percentages to your subtotal, ensuring your budget for electronics, clothing, or services is accurate according to CRA and provincial tax guidelines.

Canada Revenue Agency (CRA)

Interest Rates and the Bank of Canada

When the Bank of Canada changes the 'Target for the Overnight Rate' by 25 basis points, it's a 0.25 percentage point change. This affects your mortgage rate and savings yields. Use this tool to calculate the percentage impact of these shifts on your monthly interest payments. Understanding the difference between 'percentage' and 'percentage points' is a key part of financial literacy promoted by the FCAC.

Bank of Canada – Interest Rates

Math Education and Literacy in Canada

Statistics Canada reports that strong numeracy skills are linked to higher lifetime earnings and better financial security. In the Canadian education system, mastering percentages is a foundational goal of the math curriculum in all provinces. Our tool serves as a practical aid for students and parents, helping to verify homework and real-world applications like calculating discounts or sports statistics.

Statistics Canada – Skills and Literacy

How do I calculate a discount in Canada?

To find a discounted price, multiply the original price by the percentage off, then subtract that amount from the total. For example, if a jacket at Hudson's Bay is $100 and 30% off, you save $30 and pay $70. Our calculator automates this 'percentage decrease' calculation, helping you spot the best deals during Black Friday or Boxing Day sales in Canada.

What is the difference between markup and margin?

Canadian small business owners often use these terms. Markup is the percentage added to the cost to reach the selling price, while margin is the percentage of the selling price that is profit. A 50% markup results in a 33.3% margin. This tool allows you to toggle between these calculations, which is vital for retail and service-based entrepreneurs across Canada.

How do I calculate an annual percentage increase?

If your rent in Vancouver increases from $2,000 to $2,100, that is a 5% increase. Simply input the old and new values into our 'percentage change' mode. This is particularly useful for Canadians tracking their salary raises against the national inflation rate (CPI) to ensure their purchasing power is actually growing.