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Employment Withholdings—Federal
Canada Pension Plan
2013
2014
Maximum annual pensionable earnings
$ 51,100
$ 52,500
Basic exemption
$ 3,500
$ 3,500
Maximum contributory earnings
$ 47,600
$ 49,000
Employer and employee contribution rate
4.95%
4.95%
Maximum annual employer and
employee contributions
$ 2,356
$ 2,426
Maximum annual self-employed contributions
$ 4,712
$ 4,851
Employment Insurance
2013
2014
Maximum annual insurable earnings
$ 47,400
$ 48,600
Employee’s premium rate
1.88%
1.88%
Maximum annual employee premiums
$ 891
$ 914
Employer’s premium rate
2.63%
2.63%
Maximum annual employer premiums
$ 1,248
$ 1,279
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affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of December 31, 2014