CPP & EI Deductions

  2020 2021
Canada/Québec Pension
Annual Maximum Pensionable Earnings $58,700.00 $61,600.00
Annual Basic Exemption $3,500.00 $3,500.00
Annual Maximum Contributory Earnings $55,200.00 $58,100.00
CPP Contribution Rate 5.25% 5.45%
QPP Contribution Rate 5.70% 5.90%
Annual Maximum CPP Employee/Employer Contribution $2,898.00 $3,166.45
Annual Maximum QPP Employee/Employer Contribution $3,146.40 $3,427.90
Self-employed contribution rate (CPP) 10.90%
Self-employed contribution rate (QPP) 11.80%
Annual maximum self-employed contribution (CPP) $6,332.90
Annual maximum self-employed contribution (QPP) $ 6,855.80

Employment Insurance (EI) - Non-Québec Employee
Annual Maximum Insurable Earnings $54,200.00 $56,300.00
Employee Contribution Rate 1.58% 1.58%
Employer Contribution Rate 2.212% 2.212%
Annual Maximum Employee Contribution $856.36 $889.54
Annual Maximum Employer Contribution $1,198.90 $1,245.36

Employment Insurance (EI) - Québec Employee
Annual Maximum Insurable Earnings $54,200.00 $56,300.00
Employee Contribution Rate 1.20% 1.18%
Employer Contribution Rate 1.68% 1.652%
Annual Maximum Employee Contribution $650.40 $664.34
Annual Maximum Employer Contribution $910.56 $930.08

QPIP - Québec Employee
Annual Maximum Insurable QPIP Earnings $78,500.00 $83,500.00
Employee Contribution Rate 0.494% 0.494%
Employer Contribution Rate 0.692% 0.692%
Annual Maximum Employee Contribution $387.79 $412.49
Annual Maximum Employer Contribution $543.22 $577.82