The CPP Contribution Rates, Maximums and Exemptions For 2021

Year 2021 --> $61,600 2020 --> $58,700 2019 --> $57,400 2018 --> $55,900 2017 --> $55,300 2016 --> $54,900 2015 --> $53,600 2014 --> $52,500 2013 --> $51,100 2012 --> $50,100 2011 --> $48,300 2010 --> $47,200

CPP contribution rates, maximums and exemptions for 2021

Year	Maximum annual pensionable earnings	Basic exemption amount	Maximum contributory earnings	Employee and employer contribution rate (%)	Maximum annual employee and employer contribution
2021	$61,600	$3,500	$58,100	5.45	$3,166.45
2020	$58,700	$3,500	$55,200	5.25	$2,898.00
2019	$57,400	$3,500	$53,900	5.10	$2,748.90
2018	$55,900	$3,500	$52,400	4.95	$2,593.80
2017	$55,300	$3,500	$51,800	4.95	$2,564.10
2016	$54,900	$3,500	$51,400	4.95	$2,544.30
2015	$53,600	$3,500	$50,100	4.95	$2,479.95
2014	$52,500	$3,500	$49,000	4.95	$2,425.50
2013	$51,100	$3,500	$47,600	4.95	$2,356.20
2012	$50,100	$3,500	$46,600	4.95	$2,306.70
2011	$48,300	$3,500	$44,800	4.95	$2,217.60
2010	$47,200	$3,500	$43,700	4.95	$2,163.15

Source: Goverment of Canada - Canada Revenue Agency > Canada Pension Plan (CPP)

CPP contribution rates, maximums and exemptions

The Canada Revenue Agency (CRA) has announced that the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2021 will be $61,600