Maximum Pensionable Earnings for 2025

For 2025 there are two CPP Contribution rates and amounts: 1) CPP and 2) CPP2.

CPP: The Year’s Maximum Pensionable Earnings (YMPE) for 2025 is $71,300, up from $68,500 in 2024. The basic exemption for 2025 stays at $3,500.

Employee and employer contribution rates for 2025 stay the same, with a maximum contribution of $4,034.10 (each), which is up from 2024’s $3,867.50. The self-employed contribution rate stays at 11.9%, with the contribution increasing from $7,735 in 2024 to $8,068.20 in 2025.

CPP2: The Year’s Additional Maximum Pensionable Earnings (YAMPE) for 2025 is $81,200. Pensionable earnings between $71,200 and $81,200 are subject to this additional contribution.

2025 maximum contribution rates for both employers and employees remain at 4%, and are $396, respectively. The maximum self employed CPP2 contribution will be $792 in 2025.

For more information, refer to the Canada Revenue Agency