CPP Contribution Calculator
Updated November 2026 · Free · No sign-up
Calculate CPP contributions — 2026’s two tiers: 5.95% on earnings between $3,500 and the YMPE (~$74,600), plus CPP2 at 4% up to the second ceiling (~$85,000 — verify exact), doubled when self-employed.
Quick answer: 2026 CPP: 5.95% of earnings between the $3,500 exemption and ~$74,600 (YMPE) → max ~$4,230; then CPP2: 4% between YMPE and the ~$85,000 YAMPE → up to ~$416 more. Employers match; the self-employed pay both sides (11.9% + 8%). Verify exact ceilings at CRA — they index annually.
The Two-Tier Structure (Post-Enhancement)
| Tier | Band | Employee rate |
|---|---|---|
| Base + first enhancement | $3,500 → YMPE (~$74,600) | 5.95% |
| CPP2 (since 2024) | YMPE → YAMPE (~$85,000) | 4% |
Employers match both tiers; the self-employed pay both sides via the return (with a deduction/credit split softening it). Quebec runs the parallel QPP at slightly higher rates. The enhancement’s payoff: replacement rising from 25% toward 33% of covered earnings, and the ceiling itself climbing — higher earners finally accrue meaningful CPP above the old cap.
Worked Examples
Example 1 — $80,000 employee. Tier 1: 5.95% × 71,100 = $4,230; CPP2: 4% × 5,400 = $216 → $4,446 (employer matches).
Example 2 — $100,000 self-employed. Both ceilings maxed, both sides: (4,230 + 416) × 2 ≈ $9,292 — the number that surprises new consultants every April.
Example 3 — multiple jobs. Each employer deducts independently → over-contribution refunds at filing (employer shares aren’t refundable to them).
Planning Notes
Contributions stop at 70 (electable stop from 65 while collecting via CPT30); post-retirement contributions buy PRB top-ups; and dropped years (child-rearing, disability) protect your average — claim the provisions when applying. Benefit math lives in CRA/Service Canada’s statement of contributions — check it yearly like a bank statement. The EI premium rides alongside on the same paycheque.
Frequently Asked Questions
What are the CPP rates for 2026?
5.95% on earnings between $3,500 and the YMPE (~$74,600), plus CPP2 at 4% from the YMPE to the second ceiling (~$85,000) — employer-matched; verify exact indexed figures at CRA.
What is CPP2?
The second-tier contribution (since 2024) on earnings between the YMPE and YAMPE at 4% each side — part of the enhancement lifting replacement toward 33%.
How much do self-employed people pay?
Both sides: 11.9% tier one + 8% CPP2 — roughly $9,300 at the 2026 ceilings, with a deduction for the employer half.
What if I overcontribute across two jobs?
Your excess refunds at tax filing automatically — each employer must deduct as if alone; employer portions stay paid.
When do contributions stop?
At 70, or by election (CPT30) from 65 while drawing CPP — continuing instead buys post-retirement benefit increases.
✓ Formula verified • Last updated: November 3, 2026