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...

2019 YMPE Announced

On November 1st, the Canada Revenue Agency announced that the maximum pensionable earnings for 2019 will be $57,400, up from $55,900 in 2018. Contributors who earn more than $57,400 in 2019 are not required or permitted to make additional contributions to the Canada...

OHIP Plus May be a Negative

OHIP+ has a great premise, but the devil may be in the details. The program was created so that children and young people under age 25 get free prescription meds. As good as the universal program is in Canada, one area of concern has always been access to medications....

2017 YMPE Announced

The Canada Revenue Agency announced on November 3rd that the maximum pensionable earnings for 2017 will be $55,300—up from $54,900 in 2016. Contributors who earn more than $55,300 in 2017 are not required or permitted to make additional contributions to the CPP. The...