CPP & EI Deductions

  2021 2022
Canada/Québec Pension
Annual Maximum Pensionable Earnings $61,600.00 $64,900.00
Annual Basic Exemption $3,500.00 $3,500.00
Annual Maximum Contributory Earnings $58,100.00 $61,400.00
CPP Contribution Rate 5.45% 5.70%
QPP Contribution Rate 5.90% 6.15%
Annual Maximum CPP Employee/Employer Contribution $3,166.45 $3,499.80
Annual Maximum QPP Employee/Employer Contribution $3,427.90 $3,776.10
Self-employed contribution rate (CPP) 10.90% 11.40%
Self-employed contribution rate (QPP) 11.80% 12.30%
Annual maximum self-employed contribution (CPP) $6,332.90 $6,999.60
Annual maximum self-employed contribution (QPP) $6,855.80 $7,552.20

Employment Insurance (EI) - Non-Québec Employee
Annual Maximum Insurable Earnings $56,300.00 $60,300.00
Employee Contribution Rate 1.58% 1.58%
Employer Contribution Rate 2.212% 2.212%
Annual Maximum Employee Contribution $889.54 $952.74
Annual Maximum Employer Contribution $1,245.36 $1,333.84

Employment Insurance (EI) - Québec Employee
Annual Maximum Insurable Earnings $56,300.00 $60,300.00
Employee Contribution Rate 1.18% 1.20%
Employer Contribution Rate 1.652% 1.68%
Annual Maximum Employee Contribution $664.34 $723.60
Annual Maximum Employer Contribution $930.08 $1,013.04

QPIP - Québec Employee
Annual Maximum Insurable QPIP Earnings $83,500.00 $88,000.00
Employee Contribution Rate 0.494% 0.494%
Employer Contribution Rate 0.692% 0.692%
Annual Maximum Employee Contribution $412.49 $434.72
Annual Maximum Employer Contribution $577.82 $608.96