CPP

How CPP Contributions Used to Work Employees and employers in Canada make Canada Pension Plan (“CPP’) contributions, and as of 2023, there’s a single annual ceiling of contributions of 5.95% for both employees and employers. This ceiling is officially called the “Year’s Maximum Pensionable Earnings“. The Government of Canada sets a new Year’s Maximum Pensionable …

The Canada Pension Plan (“CPP”) is a primary source of retirement income for millions of Canadians, and knowing when to expect your payments can help you better manage your finances throughout the year. In this blog post, we’ve compiled the list of the CPP payment dates for 2024 direct from the source, ensuring that you’re …