The Ontario government passed a budget on July 24, raising the base personal income tax rates by one to two percent for individuals earning over $150,000 per year retroactive to January 1, 2014. Together with the Ontario income surtax, total tax rates on income between $150,000 and $220,000 will rise to 47.97% and to 49.53% on income above $220,000.
http://www.payroll.ca/cpadocs/Legislative_Briefing_Ontario_Personal_Tax_Changes_FINAL.pdf