The CPP enhancements that were announced in 2016 will require higher funding. By law those new benefits have to be fully funded so as to avoid passing the costs along to the next generation.

How does the CRA calculate the maximum CPP payout? For 2025, the maximum CPP payout is $1,433 per month, or $17,196 a year. The CRA keeps updating this amount to adjust for inflation.

The Canada Customs and Revenue Agency said the maximum CPP contribution in 2002 will be $1,673.20, up from $1,496.40 in 2001. Self-employed people will have to pay twice that. The basic exemption ...

CPP contributions are jumping higher than expected in 2022. That's because Canada's average income rose — the pandemic leaving many lower-wage workers out of the economy.

In Janice’s case, her CPP pension of $16,441 would therefore be increased on Jan. 1, 2023, by the full inflation adjustment for 2022, which I’m estimating will be 6.3 per cent. This puts ...

Add articles to your saved list and come back to them any time. Canada Pension Plan Investment Board (CPP) detailed its partial takeover bid for Auckland International Airport (AIA) plus plans to ...

Canada Revenue Agency earlier this month announced the new 2024 numbers for Canada Pension Plan (CPP) contributions, and while the CPP earnings limits and corresponding contributions do go up each ...