Maximum Pensionable Earnings for 2026

For 2026 there are two CPP Contribution rates and amounts: 1) CPP and 2) CPP2.

CPP: The Year’s Maximum Pensionable Earnings (YMPE) for 2026 is $74,600, up from $71,300 in 2025. The basic exemption for 2026 stays at $3,500.

Employee and employer contribution rates for 2026 stay the same, with a maximum contribution of $4,230.45 (each), which is up from 2025’s $4,034.10. The self-employed contribution rate stays at 11.9%, with the contribution increasing from $8,068.20 in 2025 to $8,460.90 in 2026.

CPP2: The Year’s Additional Maximum Pensionable Earnings (YAMPE) for 2026 is $85,000. Pensionable earnings between $74,600 and $85,000 are subject to this additional contribution.

2026 maximum contribution rates for both employers and employees remain at 4%, and are $416, respectively. The maximum self employed CPP2 contribution will be $832 in 2026.

For more information, refer to the Canada Revenue Agency