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CPP and EI and the yearly maximums

CPP and EI come off every cheque until you’ve paid the most you owe for the year. After that, nothing more comes off until January, so your cheques get bigger.

The CPP and EI this year card

On the Pay tab, the CPP and EI this year card shows, for each one:

  • How much you’ve paid so far, and the yearly maximum, such as “$2,000.00 of $4,230.45”.
  • A bar that fills as you go, and maxed once you’ve reached it.

CPP2 appears too once your earnings pass the first CPP ceiling. CPP2 is a second, smaller contribution on earnings above that amount, up to its own maximum.

Paycheq's CPP and EI tracker on iPhone: progress bars toward this year's maximums, above a banked time balance.

Why your cheques change late in the year

Once a maximum is reached, the next cheque may take only part of it, and the cheques after that take none. If you work a lot of overtime, this can happen well before December.

Making sure the totals are right

Good to know

  • Each job counts toward its own maximum, because each employer takes CPP and EI on its own. If you paid more than the maximum across two jobs, you get the extra back when you file your taxes.
  • The maximums come from the Canada Revenue Agency’s tables for the year.
  • Turn on CPP exempt or EI exempt in your job’s settings, under Each cheque, only if your stub shows none taken.

Estimates only. Not legal or tax advice.

Still stuck?

Paycheq keeps everything on your phone, and its pay figures are estimates, not legal or tax advice.

Know your cheque before payday.

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iPhone only. Every province and territory except Quebec.