Canada Pension Plan (CPP) and Employment Insurance (EI) Rates
CPP contributions for 2019:
| Maximum pensionable earnings | $57,400.00 |
| Basic annual exemption | -3,500.00 |
| Maximum contributory earnings | $53,900.00 |
| Contribution rate | 5.10% |
| Maximum employee contribution ($53,900.00 x 5.10%) |
$ 2,748.90 |
| Maximum employer contribution ($53,900.00 x 5.10%) |
$ 2,748.90 |
EI premiums for 2019:
| Maximum annual insurable earnings | $53,100.00 |
| Premium rate | 1.62% |
| Maximum employee contribution | $ 860.22 |
| Maximum employer contribution ($53,100.00 x 2.268%) |
$ 1,204.31 |
CPP contributions for 2018:
| Maximum pensionable earnings | $55,900.00 |
| Basic annual exemption | -3,500.00 |
| Maximum contributory earnings | $52,400.00 |
| Contribution rate | 4.95% |
| Maximum employee contribution ($52,400.00 x 4.95%) |
$ 2,593.80 |
| Maximum employer contribution ($52,400.00 x 4.95%) |
$ 2,593.80 |
EI premiums for 2018:
| Maximum annual insurable earnings | $51,700.00 |
| Premium rate | 1.66% |
| Maximum employee contribution | $ 858.22 |
| Maximum employer contribution ($51,700.00 x 2.324%) |
$ 1,201.51 |
E. & O.E.