2022 Payroll Deductions for Northwest Territories

A new calendar year requires updates to your payroll deductions. Rather than searching various government web sites, review our summary below to update your payroll system for 2022. If you are looking for a complete and hassle-free payroll solution, try Payworks, a trusted CFIB partner. CFIB members receive an exclusive 40% discount.

Employment Insurance (EI)

Maximum insurable earnings: $60,300

Maximum employee premium: $952.74

Maximum employer premium: $1,333.84

Employee rate: 1.58%

Employer rate: 1.58% x 1.4 = 2.21%

Some employees related to the employer may be exempt from paying EI premiums. Read our article to learn more.

There is no age limit for deducting EI premiums. Visit Employment insurance (EI) - Canada.ca and EI premium rates and maximums - Canada.ca.

Canada Pension Plan (CPP)

Maximum pensionable earnings: $64,900

Basic exemption: $3,500

Maximum employee premium: $3,499.80

Maximum employer premium: $3,499.80

Self-employed maximum premium: $6,999.60    

Employer and employee contribution rate: 5.7%

Self-employed contribution rate: 11.4%

CPP is deducted for employees between 18 and 69 years old, even if the employee is receiving a CPP pension. Exception: Don’t deduct CPP if the employee is between 65 and 70 and has completed Form CPT30.

Visit Canada Pension Plan (CPP) - Canada.ca and CPP contribution rates, maximums and exemptions - Canada.ca

Federal and Territorial income tax

Basic deduction (basic personal amount):

  • Federal: $14,398; but when net income is more than $155,625 use TD1-WS 2022 Worksheet to find basic deduction amount
  • Territorial: $15,609

For deductions based on different income levels, see:

Workers Compensation (WCB)

Maximum assessable earnings: For 2022, it is $102,200 per worker

Premiums are based on classification unit and industry

Minimum wage

As of Sept 1, 2021 Northwest Territories' minimum wage is $15.20/hour.