Canada Pension Plan (CPP) and Employment Insurance (EI) rates

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)

Yearly maximum pensionable earnings$64,900.00$64,900.00
Basic exemption (by number of pay periods)
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 rate5.70%6.15%
Annual maximum contribution$3,499.80$3,776.10

Employment Insurance (EI) and Quebec Parental Insurance Plan (QPIP)

EIEI (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 QPIPn/an/a0.692%
Annual maximum premium EI/QPIP (Employee)$952.74$723.60$434.72
Annual maximum premium (Employer: 1.4 * Employee premium)$1,333.84$1,013.04n/a
Annual maximum QPIP contribution (Employer)n/an/a$608.96

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