Business group urges Ottawa to delay hikes to EI and CPP rates but economists say it’s necessary
December 15, 2022
Advocacy

Canadian workers could see up to $305 less in take-home pay next year due to the increase in payroll deductions set to kick in on Jan. 1. The Canadian Pension Plan (CPP) employee and employer contribution rates for 2023 will be 5.95 per cent up from 5.70 per cent in 2022.

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