To help you out with payroll deductions, we’ve prepared a summary chart including all the 2021 rates for CPP, EI, taxes etc.
Maximum insurable earnings: $56,300
Some employees related to the employer may be exempt from paying Employment insurance – please read our article to learn more.
Maximum pensionable earnings: $61,600
Self-employed maximum premium: $5,796.00
Employer and employee contribution rate: 5.45%
Federal & Provincial income tax
Provincial: $8,481 (May be higher depending on your annual income)
Maximum insurable: $64,500 per person
Based on classification
Need help navigating through a WCB Claim? The Employer Advisor is there to help.
As of April 1, 2021: $12.95