Canada Pension Plan (R.S.C., 1985, c. C-8)

AMENDMENTS NOT IN FORCE

• — 2026, c. 22, s. 41

  • 41 Subsections 113.1(11.07) to (11.09) of the Canada Pension Plan are replaced by the following:

    • Determination of rate — 1st case

      (11.07) If neither A nor D is greater than 4.75% and A is greater than D, the contribution rate for employees and employers for each year after the October 1 date referred to in subsection (11.05) is A plus C.

    • Determination of rate — 2nd case

      (11.08) If A is greater than 4.75%, D is less than or equal to 4.75% and the percentage determined by the formula

      1 ÷ 2(A − D)

      is less than or equal to 0.1%, then the contribution rate for employees and employers for each year after the October 1 date referred to in subsection (11.05) is the rate determined by the formula

      4.75% + 1 ÷ 2(A − 4.75%) + C

    • Determination of rate — 3rd case

      (11.09) If A is greater than 4.75%, D is less than or equal to 4.75% and the percentage determined by the formula

      1 ÷ 2(A − D)

      is greater than 0.1%, then the contribution rate for employees and employers is

      • (a) for the first year after the October 1 date referred to in subsection (11.05), the rate determined by the formula

        4.75% + 1 ÷ 6(A − 4.75%) + C

      • (b) for the next year, the rate determined by the formula

        4.75% + 1 ÷ 3(A − 4.75%) + C

        and

      • (c) for each subsequent year, the rate determined by the formula

        4.75% + 1 ÷ 2(A − 4.75%) + C

• — 2026, c. 22, s. 42

  • 42 Schedule 1 to the Act is amended by replacing “2003 and each subsequent year” in the column under the heading “Year” with “2003 to 2026”.

• — 2026, c. 22, s. 43

  • 43 Schedule 1 to the Act is amended by adding the following at the end of that Schedule:

    	For Employees	For Employers	For Self-employed Persons
    Year	(%)	(%)	(%)
    2027 and each subsequent year	4.75	4.75	9.5