For the upcoming year (2021), Canada Revenue Agency has announced the changes related to Canada Pension Plan (CPP). On November 3, the Canada Revenue Agency (CRA) disclosed that the maximum pensionable earnings under the CPP will be $61,600 in 2021, an increase from $58,700 in 2020. As a result of the increase, the CPP contribution … Continue reading CPP rate update for 2021 →