CPP contribution rates, maximums and exemptions
| Year | Maximum annual pensionable earnings | Basic exemption amount | Maximum contributory earnings | Employee and employer contribution rate (%) | Maximum annual employee and employer contribution | Maximum annual self-employed contribution |
|---|
| 2024 |
$68,500 |
$3,500 |
$65,000 |
5.95 |
$3,867.50 |
$7,735.00 |
| 2023 |
$66,600 |
$3,500 |
$63,100 |
5.95 |
$3,754.45 |
$7,508.90 |
| 2022 |
$64,900 |
$3,500 |
$61,400 |
5.70 |
$3,499.80 |
$6,999.60 |
| 2021 |
$61,600 |
$3,500 |
$58,100 |
5.45 |
$3,166.45 |
$6,332.90 |
| 2020 |
$58,700 |
$3,500 |
$55,200 |
5.25 |
$2,898.00 |
$5,796.00 |
| 2019 |
$57,400 |
$3,500 |
$53,900 |
5.10 |
$2,748.90 |
$5,497.80 |
| 2018 |
$55,900 |
$3,500 |
$52,400 |
4.95 |
$2,593.80 |
$5,187.60 |
| 2017 |
$55,300 |
$3,500 |
$51,800 |
4.95 |
$2,564.10 |
$5,128.20 |
| 2016 |
$54,900 |
$3,500 |
$51,400 |
4.95 |
$2,544.30 |
$5,088.60 |
| 2015 |
$53,600 |
$3,500 |
$50,100 |
4.95 |
$2,479.95 |
$4,959.90 |
| 2014 |
$52,500 |
$3,500 |
$49,000 |
4.95 |
$2,425.50 |
$4,851.00 |
| 2013 |
$51,100 |
$3,500 |
$47,600 |
4.95 |
$2,356.20 |
$4,712.40 |
| 2012 |
$50,100 |
$3,500 |
$46,600 |
4.95 |
$2,306.70 |
$4,613.40 |
| 2011 |
$48,300 |
$3,500 |
$44,800 |
4.95 |
$2,217.60 |
$4,435.20 |
| 2010 |
$47,200 |
$3,500 |
$43,700 |
4.95 |
$2,163.15 |
$4,326.30 |