Question: The earrings ceiling in the Canada Pension Plan is set each January, based on increases in the average wage in Canada In 2019 the CPP

The earrings ceiling in the Canada Pension Plan is set each January, based on increases in the average wage in Canada In 2019 the CPP earnings ceilings is $57 900. The contribution rate on these pensionable earnings is 10.2% Cynthia's Canada Pension Plan Contribution on Bonus Bonus = $ 1450 Contribution to CPP = $ 1450 X 10. 27 2 $147.9

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