2022 YMPE Announced

The Canada Revenue Agency (CRA) has recently announced the maximum pensionable earnings for 2022 will be $64,900, up from $61,600 in 2021, which represents an increase of over 5%. Contributors who earn more than $64,900 in 2022 are not required or permitted to make...

2020 YMPE Announced

On November 1st, the Canada Revenue Agency (CRA) announced the maximum pensionable earnings for 2020 will be $58,700, up from $57,400 in 2019. Contributors who earn more than $58,700 in 2020 are not required or permitted to make additional contributions to the Canada...