2021 CPP & EI Rate Changes

Canada Pension Plan Rates

CPP contribution rates, maximums and exemptions

YearMaximum annual pensionable earningsBasic exemption amountMaximum contributory earningsEmployee and employer contribution rate (%)Maximum annual employee and employer contributionMaximum annual 
self-employed
contribution
2021$61,600$3,500$58,1005.45$3,166.45$6,332.90
2020$58,700$3,500$55,2005.25$2,898.00$5,796.00

Employment Insurance Rates

Federal EI premium rates and maximums

YearMaximum annual
insurable earnings
Rate (%)Maximum annual
employee premium
Maximum annual
employer premium
2021$56,3001.58$889.54$1,245.36
2020$54,2001.58$856.36$1,198.90