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CPP and QPP Rates

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Personal Tax  ->  Business  ->  Canada Pension Plan (CPP), Quebec Pension Plan (QPP) and Employment Insurance (EI) -> CPP/QPP Rates

Canada Pension Plan (CPP) Contribution Rates

Year Maximum
Pensionable
Earnings
(YMPE)
Rate Employee/
Employer
Maximum
Self-
Employed
Maximum
2018 $55,900 4.95% $2,593.80 $5,187.60
2017 55,300 4.95% 2,564.10 5,128.20
2016 54,900 4.95% 2,544.30 5,088.60
2015 53,600 4.95% 2,479.95 4,959.90
2014 52,500 4.95% 2,425.50 4,851.00
2013 51,100 4.95% 2,356.20 4,712.40
2012 50,100 4.95% 2,306.70 4,613.40
2011 48,300 4.95% 2,217.60 4,435.20
2010 47,200 4.95% 2,163.15 4,326.30
2009 46,300 4.95% 2,118.60 4,237.20
2008 44,900 4.95% 2,049.30 4,098.60
2007 43,700 4.95% 1,989.90 3,979.80

Note:  The basic annual exemption is $3,500.  The self-employed rate is 2x the employee rate.

Contributors who make more than the YMPE are not required or permitted to make additional CPP contributions.

See Canada's Finance Ministers Agree to Strengthen Canada Pension Plan - June 20, 2016.

See Payroll Tax Calculators for different methods of checking payroll deductions, and an online payroll calculator which employers can use for calculating payroll deductions.

Canada Revenue Agency (CRA) information:

    - T4032 Payroll Deduction Tables - for calculating payroll deductions

    - CPP contribution rates, maximums and exemptions for rates from current and earlier years. 

Quebec Pension Plan (QPP) Contribution Rates

The QPP factors are the same as the CPP factors up to and including 2011.  However, Revenue Quebec announced changes to the QPP contribution rate.  The employee and employer rates each increased by 0.075% per year starting in 2012, until each of these rates reached 5.4% in 2017.  The self-employed rate is 2x the employee rate.

Year Maximum
Pensionable
Earnings
(YMPE)
Rate Employee/
Employer
Maximum
Self-
Employed
Maximum
2017 $55,300 5.400% $2,797.20 $5,594.40
2016 54,900 5.325% 2,737.05 5,474.10
2015 53,600 5.250% 2,630.25 5,260.50
2014 52,500 5.175% 2,535.75 5,071.50
2013 51,100 5.100% 2,427.60 4,855.20
2012 50,100 5.025% 2,341.65 4,683.30
2011 48,300 4.95% 2,217.60 4,435.20
2010 47,200 4.95% 2,163.15 4,326.30
2009 46,300 4.95% 2,118.60 4,237.20
2008 44,900 4.95% 2,049.30 4,098.60
2007 43,700 4.95% 1,989.90 3,979.80

Note:  The basic annual exemption is $3,500.

Quebec Pension Plan information:

    - Source deductions of Quebec income tax - for calculating payroll deductions

    - TP-1015.G-V - Guide for Employers:  Source Deductions and Contributions

    - Maximum pensionable salary or wages and QPP contribution rate

    - Quebec Pension Plan - information about retirement pension, disability pension, and survivors' benefits

Revised: November 01, 2017

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