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Maximum pensionable earnings under CPP to rise in 2020

Maximum pensionable earnings under the Canada Pension Plan are rising from $57,400 to $58,700 for 2020. The increase takes into account the growth in average weekly wages and salaries in Canada, according to a press release. The basic exemption amount, at $3,500, will remain unchanged for 2020. Read: Feds update appeals process for EI, CPP and OAS Meanwhile, […]

  • By: Staff
  • November 4, 2019 November 30, 2020
  • 09:45