Tuesday, 20 December 2016

Canada Pension Plan (CPP) and Employment Insurance (EI) Deductions

HRS would like to remind you that contributions to CPP and EI will recommence on January 1, 2017 for those who had reached the 2016 maximum contribution amounts. These statutory deductions will continue until you have reached the yearly maximum contribution amounts for 2017. For 2017 the CPP employee limit is $2, 563 and EI employee limit is $836.19.