Personal Finance

CPP And EI Max 2022 Rates & Contribution

Unlock Your Wealth Potential! Learn all about CPP and EI Max 2022 Contributions & Rates. Don’t miss out on maximizing your benefits. Stay informed and secure your financial future. 💰📈

CPP Max 2022 Rates & Contribution

CPP MaxAmount (CAD)
Maximum pensionable earnings$64,900.00
Basic annual exemption-$3,500.00
Maximum contributory earnings$61,400.00
Contribution rate5.70%
Maximum employee contribution$3,499.80
Maximum employer contribution$3,499.80

EI Max 2022 Rates & Contribution

EI MaxAmount (CAD)
Maximum annual insurable earnings$60,300.00
Premium rate1.58%
Maximum employee contribution$952.74
Maximum employer contribution$1,334.05

Note: The maximum employer contribution is calculated as ($60,300.00 x 2.212%)