2024 Maximum Pensionable Earnings. Beginning january 1, 2024, you must deduct the second additional cpp contributions (cpp2) on. The figures are reviewed annually by the government, for the 2024/25 tax.

For 2024, the maximum pensionable earnings under the canada pension plan (cpp), for employee and employer is 5.95% (2023: Beginning in 2024, the maximum pensionable earnings under the canada pension plan (“cpp”) will have two tiers.