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CPP/QPP Contribution Rates

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Personal Tax 
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Canada Pension Plan (CPP), Québec Pension Plan (QPP) and Employment Insurance (EI)
- CPP/QPP rates

Canada Pension Plan (CPP) contribution rates

Year 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
maximum pensionable earnings (YMPE) $52,500 $51,100 $50,100 $48,300 $47,200 $46,300 $44,900 $43,700 $42,100 $41,100 $40,500
basic exemption $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500
rate 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95%
employee/employer maximum $2,425.50 $2,356.20 $2,306.70 $2,217.60 $2,163.15 $2,118.60 $2,049.30 $1,989.90 $1,910.70 $1,861.20 $1,831.50
self-employed maximum $4,851.00 $4,712.40 $4,613.40 $4,435.20 $4,326.30 $4,237.20 $4,098.60 $3,979.80 $3,821.40 $3,722.40 $3,663.00

Québec Pension Plan (QPP) contribution rates

The QPP factors are the same as the CPP factors up to and including 2011.  However, Revenu Québec announced changes to the QPP contribution rate.  The employee and employer rates will each be increasing by 0.075% per year starting in 2012, until each of these rates reaches 5.4% in 2017.

Year 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
maximum pensionable earnings $52,500 $51,100 $50,100 $48,300 $47,200 $46,300 $44,900 $43,700 $42,100 $41,100 $40,500
basic exemption $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500 $3,500
rate 5.175% 5.10% 5.025% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95% 4.95%
employee/employer maximum $2,535.75 $2,427.60 $2,341.65 $2,217.60 $2,163.15 $2,118.60 $2,049.30 $1,989.90 $1,910.70 $1,861.20 $1,831.50
self-employed maximum $5,071.50 $4,855.20 $4,683.30 $4,435.20 $4,326.30 $4,237.20 $4,098.60 $3,979.80 $3,821.40 $3,722.40 $3,663.00

Canada Revenue Agency (CRA) information:

bullet T4032 Payroll Deduction Tables - for calculating payroll deductions
bullet CPP contribution rates, maximums and exemptions for rates from earlier years. 
bullet Online payroll calculator, which employers can use for calculating payroll deductions, and employees can use to check their payroll deductions.

Revenu Québec information:

bulletSource deductions of Québec income tax - for calculating payroll deductions
bulletTP-1015.G-V - Guide for Employers:  Source Deductions and Contributions

 

Revised: May 28, 2014

 

 

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