2025 CPP & EI Rates Updates
On November 1, 2024, the Government of Canada announced changes to contributions for both Canada Pension Plan (CPP) and Employment Insurance (EI) for the 2025 calendar year. The changes in how CPP is treated on a personal tax return (which began in 2019) mean that of the $4,034.10 of normal max contribution, $678.00 will be...