CPP and EI Rates for 2026: What Employers and Employees Need to Know
The 2026 CPP maximum pensionable earnings ceiling is $73,200, with the CPP2 upper earnings limit at $83,300. EI premiums have also been updated — here are the exact rates and what they cost each pay period.
T4 Deadline February 28: Your Payroll Year-End Checklist
Employers must file T4 slips and a T4 Summary with the CRA by February 28, 2025. Late filing penalties start at $100 and climb with the number of slips. This checklist covers every box you need to complete.
Payroll Remittance Frequency 2024: Are You an Accelerated Remitter?
Your payroll remittance frequency is determined by your average monthly withholdings two calendar years prior. Accelerated remitters — those withholding over $25,000 per month — must remit within three days of payroll.
CPP2 Coming in 2024: What the Second Earnings Ceiling Means for You
The CPP enhancement's second tier (CPP2) takes effect January 1, 2024. Employees and employers will make additional contributions on earnings between the Year's Maximum Pensionable Earnings ($68,500) and the new Year's Additional Maximum ($73,200).