Canada Pension Plan (CPP) and Employment Insurance (EI) rates
We've compiled some key CPP and EI figures in the tables below as a helpful reference for when you're reviewing payroll deductions for your organization. Note that these figures are subject to change and that the most up-to-date numbers can be found on the official Canada Revenue Agency pages for
CPP contribution rates and EI premium rates.
Canada Pension Plan (CPP)/Quebec Pension Plan (QPP)
| CPP | QPP |
| Yearly maximum pensionable earnings | $64,900.00 | $64,900.00 |
| Basic exemption (by number of pay periods) |
| Yearly | $3,500.00 | $3,500.00 |
| Monthly (12) | $291.66 | $291.66 |
| Semi-monthly (24) | $145.83 | $145.83 |
| Biweekly (26) | $134.61 | $134.61 |
| Biweekly (27) | $129.62 | $129.62 |
| Weekly (52) | $67.30 | $67.30 |
| Weekly (53) | $66.03 | $66.03 |
| Annual maximum contributory earnings | $61,400.00 | $61,400.00 |
| Contribution rate | 5.70% | 6.15% |
| Annual maximum contribution | $3,499.80 | $3,776.10 |
Employment Insurance (EI) and Quebec Parental Insurance Plan (QPIP)
| EI | EI (Québec) | QPIP (Québec) |
| Annual maximum insurable earnings | $60,300.00 | $60,300.00 | $88,000.00 |
| Premium/contribution rate (Employee) | 1.58% | 1.20% | 0.494% |
| Premium rate (Employer: 1.4 * Employee rate) | 2.212% | 1.68% | n/a |
| Contribution rate employer QPIP | n/a | n/a | 0.692% |
| Annual maximum premium EI/QPIP (Employee) | $952.74 | $723.60 | $434.72 |
| Annual maximum premium (Employer: 1.4 * Employee premium) | $1,333.84 | $1,013.04 | n/a |
| Annual maximum QPIP contribution (Employer) | n/a | n/a | $608.96
|
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