CPP & EI Deductions

  2013 2014
Canada/Quebec Pension
Annual Maximum Pensionable Earnings $51,100.00 $52,500.00
Annual Basic Exemption $3,500.00 $3,500.00
Annual Maximum Contributory Earnings $47,600.00 $49,000.00
CPP Contribution Rate 4.95% 4.95%
QPP Contribultion Rate 5.100% 5.175%
Annual Maximum CPP Employee Contribution $2,356.20 $2,425.50
Annual Maximum CPP Employer Contribution $2,356.20 $2,425.50
Annual Maximum QPP Employee Contribution $2,427.60 $2,535.75
Annual Maximum QPP Employer Contribution $2,427.60 $2,535.75

Employment Insurance (EI) - Non-Quebec Employee
Annual Maximum Insurable Earnings $47,400.00 $48,600.00
Employee Contribution Rate 1.88% 1.88%
Employer Contribution Rate 2.632% 2.632%
Annual Maximum Employee Contribution $891.12 $913.68
Annual Maximum Employer Contribution $1,247.57 $1,279.15

Employment Insurance (EI) - Quebec Employee
Annual Maximum Insurable Earnings $47,400.00 $48,600.00
Employee Contribution Rate 1.52% 1.53%
Employer Contribution Rate 2.128 2.142
Annual Maximum Employee Contribution $720.48 $743.58
Annual Maximum Employer Contribution $1,008.67 $1,041.01

QPIP - Quebec Employee
Annual Maximum Insurable QPIP Earnings $67,500.00 $69,000.00
Employee Contribution Rate 0.559% 0.559%
Employer Contribution Rate 0.782% 0.782%
Annual Maximum Employee Contribution $377.33 $385.71
Annual Maximum Employer Contribution $527.85 $539.58