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Canada Revenue Agency announces maximum pensionable earnings and contributions for 2025

Nov 4, 2024

What’s new? In 2024, a second earnings ceiling was introduced, the Year’s Additional Maximum Pensionable Earnings (YAMPE). The YAMPE is used to determine second additional Canada Pension Plan contributions (CPP2). In 2024, the YAMPE is approximately 7%...

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Canada Revenue Agency announces maximum pensionable earnings and contributions for 2025

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