Tax Facts
Canada Pension Plan Premiums
| 2005 | 2006 | 2007 | ||
| Maximum pensionable earnings | $ 41,100 | $ 42,100 | $ 43,700 | |
| Basis exemption | 3,500 | 3,500 | 3,500 | |
| Maximum contributory earnings | $ 37,600 | $ 38,600 | $ 40,200 | |
| Employee and employer rate | 4.95% | 4.95% | 4.95% | |
| Maximum contribution | $ 1,861 | $ 1,911 | $ 1,989 | .90 |
| Self-employed contributory rate | 9.9% | 9.9% | 9.9% | |
| Maximum self-employed contribution | $ 3,722 | $ 3,821 | $ 3,979 | .80 |