CPP contributions to increase

January 23, 2018

CPP contributions by both an employee and the employer will increase by 1% over the next 5 years. A report by the Fraser Institute suggests the return on CPP contributions is about 4.6% based on what pensioners will get and their life expectancy.

Link to Article

http://www.advisor.ca/tax/tax-news/cpp-increase-will-raise-family-taxes-by-more-than-2k-report-248096?utm_source=EmailMarketing&utm_medium=email&utm_campaign=WIR_Newsletter

Link to Fraser Report on CPP contribution Rate of Return

https://www.fraserinstitute.org/studies/rates-of-return-for-the-canada-pension-plan