11. Canada Pension Plan (CPP)
Contribution Calculation
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| Rate/Amount | 2018 | 2019 |
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| Contribution rate | 4.95 % | 5.10 % |
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| Maximum annual allowable earnings | $55,900.00 | $57,400.00 |
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| Annual exemption | $3,500.00 | $3,500.00 |
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| Maximum annual pensionable earnings | $52,400.00 | $53,900.00 |
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| Maximum annual contribution (employee and employer) | $2,593.80 | $2,748.90 |
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Basic Exemptions
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| Frequency | 2018 | 2019 |
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| Weekly (52 pay periods) | $67.30 | $67.30 |
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| Bi-weekly (26 pay periods) | $134.61 | $134.61 |
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| Semi-monthly (24 pay periods) | $145.83 | $145.83 |
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| Monthly (12 pay periods) | $291.66 | $291.66 |
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| Annually | $3,500.00 | $3,500.00 |
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