CPP and EI Premiums 2027: Rates and Maximum Contributions
Quick Answer
For 2027, the maximum insurable earnings for EI are $70,800, with an employee premium of $1.64 per $100 outside Quebec (maximum $1,161.12). For CPP, the 2027 year's maximum pensionable earnings (YMPE) are $76,700 and the second ceiling (YAMPE) is $87,400. The CRA had not yet confirmed the 2027 CPP contribution rate and maximum contribution when this page was last updated on November 7, 2026, so we are not publishing those figures until the CRA does.
CPP Contributions 2027
| Item | 2027 |
|---|---|
| Maximum pensionable earnings (YMPE) | $76,700 |
| Basic exemption | $3,500 (frozen) |
| Contribution rate | To be confirmed by the CRA |
| Maximum employee contribution | To be confirmed by the CRA |
For reference, in 2026 the maximum employee CPP contribution was $4,230.45 on a YMPE of $74,600.
CPP2 (Second Earnings Ceiling)
The second earnings ceiling (YAMPE) for 2027 is $87,400, up from $85,000 in 2026. CPP2 applies to pensionable earnings between the YMPE ($76,700) and the YAMPE ($87,400). The 2027 CPP2 rate and maximum contribution are still to be confirmed by the CRA.
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EI Premiums 2027
| Item | 2027 |
|---|---|
| Maximum insurable earnings | $70,800 |
| Employee rate (outside Quebec) | $1.64 per $100 |
| Maximum employee premium (outside Quebec) | $1,161.12 |
| Employee rate (Quebec) | $1.29 per $100 |
| Maximum employee premium (Quebec) | $913.32 |
Employers pay 1.4 times the employee rate ($2.30 per $100 outside Quebec). The 2026 figures were $1.63 per $100 on maximum insurable earnings of $68,900.
Related Tools
Sources
- CRA: MP, DB, RRSP, DPSP, ALDA, TFSA limits, YMPE and the YAMPE
- Canada Employment Insurance Commission: 2027 EI premium rate (September 14, 2026)
Frequently Asked Questions
How much CPP will I pay in 2027?
The CRA had not confirmed the 2027 CPP contribution rate and maximum when this page was updated. You will contribute on pensionable earnings between the $3,500 basic exemption and the $76,700 YMPE, and CPP2 applies on earnings between $76,700 and $87,400. In 2026 the maximum employee contribution was $4,230.45. We will update this page once the CRA publishes the 2027 rates.
What is the EI maximum insurable earnings for 2027?
$70,800, up from $68,900 in 2026. At the 2027 rate of $1.64 per $100 (outside Quebec), the maximum employee premium is $1,161.12.
Do self-employed people pay both sides of CPP?
Yes. Self-employed workers pay both the employee and employer portions of CPP, which is double the employee amount. EI is not mandatory for self-employed workers; they can opt in only for special benefits.
Related guides
- Tax Instalments for Self-Employed Canadians
- Unemployment and Taxes
- How to Report Self-Employment Income on Canadian Taxes
- Income Tax Calculator
If you want to know other articles similar to CPP and EI Premiums 2027: Rates and Maximum Contributionsy ou can visit the category Tax Planning and Optimization.
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