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

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

CPP contributions for 2017:

Maximum pensionable earnings $55,300.00
Basic annual exemption -3,500.00
Maximum contributory earnings $51,800.00
Contribution rate 4.95%
Maximum employee contribution
($51,800.00 x 4.95%)
$ 2,564.10
Maximum employer contribution
($51,800.00 x 4.95%)
$ 2,564.10

EI premiums for 2017:

Maximum annual insurable earnings $51,300.00
Premium rate 1.63%
Maximum employee contribution $  836.19
Maximum employer contribution
($51,300.00 x 2.282%)
$ 1,170.67

E. & O.E.