Second additional CPP contribution (CPP2) rates and maximums
Beginning January 1, 2024, you must deduct the second additional CPP contributions (CPP2) on earnings above the annual maximum pensionable earnings
CPP2 contribution rates and maximums
| Year | Additional maximum annual pensionable earnings | Employee and employer contribution rate (%) | Maximum annual employee and employer contribution | Maximum annual self-employed contribution |
|---|---|---|---|---|
| 2024 | $73,200 | 4% | $188 | $376 |