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Employment Withholdings—Federal

Canada Pension Plan

2012

2013

Maximum annual pensionable earnings

$ 50,100

$ 51,100

Basic exemption

$   3,500

$   3,500

Maximum contributory earnings

$ 46,600

$ 47,600

Employer and employee contribution rate

4.95%

4.95%

Maximum annual employer and 

employee contributions

$   2,307

$   2,356

Maximum annual self-employed contributions

$   4,613

$   4,712

Employment Insurance

2012

2013

Maximum annual insurable earnings

$ 45,900

$ 47,400

Employee’s premium rate

1.83%

1.88%

Maximum annual employee premiums

$      840

$      891

Employer’s premium rate 

2.56%

2.63%

Maximum annual employer premiums

$   1,176

$   1,248

© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms

affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Current as of September 30, 2013