Canada Pension Plan Rates
CPP contribution rates, maximums and exemptions
Year | Maximum annual pensionable earnings | Basic exemption amount | Maximum contributory earnings | Employee and employer contribution rate (%) | Maximum annual employee and employer contribution | Maximum annual self-employed contribution |
2021 | $61,600 | $3,500 | $58,100 | 5.45 | $3,166.45 | $6,332.90 |
2020 | $58,700 | $3,500 | $55,200 | 5.25 | $2,898.00 | $5,796.00 |
Employment Insurance Rates
Federal EI premium rates and maximums
Year | Maximum annual insurable earnings | Rate (%) | Maximum annual employee premium | Maximum annual employer premium |
---|---|---|---|---|
2021 | $56,300 | 1.58 | $889.54 | $1,245.36 |
2020 | $54,200 | 1.58 | $856.36 | $1,198.90 |