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See your CPP and CPP2 contributions for 2026, based on your income. Quebec residents contribute to the QPP instead — see our Quebec paycheck calculator.
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Independent estimate based on 2026 CRA federal/provincial payroll formulas, Revenu Québec figures, and published CPP/CPP2/QPP/QPP2, EI and QPIP rates. Not affiliated with the Canada Revenue Agency or the Government of Canada. Actual payroll may differ based on your employer’s specific deductions, benefits, TD1 claim amounts, and other factors. This tool does not constitute tax or financial advice.
Your CPP and CPP2 contributions appear as separate line items in the results above.
How CPP contributions are calculated
CPP has a basic exemption of $3,500 — you don’t contribute on your first $3,500 of earnings. Above that, you contribute 5.95% up to the Year’s Maximum Pensionable Earnings (YMPE) of $74,600 for 2026. This base contribution maxes out at $4,230.45.
CPP2: the additional contribution
Introduced in 2024, CPP2 is a second, separate contribution of 4% that applies only to earnings between the YMPE ($74,600) and the Year’s Additional Maximum Pensionable Earnings, or YAMPE ($85,000 for 2026). It maxes out at $416.00, bringing the combined CPP + CPP2 maximum to $4,646.45 for 2026. If you earn $74,600 or less, CPP2 doesn’t apply to you at all.
CPP contributions at different income levels
| Annual income | CPP | CPP2 | Total |
|---|---|---|---|
| $40,000 | $2,171.75 | $0.00 | $2,171.75 |
| $74,600 (YMPE) | $4,230.45 | $0.00 | $4,230.45 |
| $85,000+ (YAMPE and above) | $4,230.45 | $416.00 | $4,646.45 |
Employer contributions
Your employer contributes an equal amount — matching both your CPP (5.95%) and CPP2 (4%) contributions dollar-for-dollar. This doesn’t affect your paycheque; it’s a separate cost your employer bears.
Frequently asked questions
What’s the difference between CPP and CPP2?
CPP is the base contribution (5.95%) up to $74,600 of income. CPP2 is an additional 4% contribution that only applies to income between $74,600 and $85,000 — it doesn’t apply at all if you earn $74,600 or less.
Do self-employed people pay CPP differently?
Yes — self-employed individuals pay both the employee and employer portions (roughly double the rate shown here), since there’s no separate employer to match the contribution.
Related calculators
Canada Paycheck Calculator · EI Calculator · Payroll Deductions Calculator