Shadows and Tall Trees is an annual trade paperback magazine based near Toronto, Canada. They have opened submissions for "quiet literary horror fiction" up to 7500 words and non-fiction up to 2500 words. The deadline is April 1 unless they fill up earlier. Payment is 1cent a word with a max of $50 for both. You can find all the details here.
You'll also find an interview with editor Michael Kelly here. The interview will help you get a feel for what Mr. Kelly is looking for.