By Liz O'Dowd on June 7, 2012 
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The Canada Pension Plan (CPP) is a contributory, earnings-related social insurance program. It ensures a measure of protection to a contributor and his or her family caused by the loss of income due to retirement, disability and death. There are… {Read more}
By Liz O'Dowd on May 11, 2012 Leave a comment
The following changes will be phased in gradually between 2011 and 2016. The first major change occurred in January 2011 for people retiring after age 65: Your monthly CPP retirement pension amount will increase by a larger percentage if you… {Read more}
By Liz O'Dowd on March 20, 2012 Leave a comment
Ottawa, Ontario, March 14, 2012… The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates… {Read more}
By admin on February 14, 2012 Leave a comment
There are some types of employment payments and other payments from which CPP or QPP contributions do not have to be deducted. Also, if a person has more than one employer in the year and earns total employment income which… {Read more}
By admin on January 24, 2012 Leave a comment
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2012 will be $50,100—up from $48,300 in 2011. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages… {Read more}
By admin on December 22, 2011 Leave a comment
Starting January 1, 2012, you must deduct CPP
By admin on May 2, 2011 Leave a comment
In a situation where the spouse contributes
By admin on May 2, 2011 Leave a comment
Changes have been made to the rules governing CPP effective
By admin on May 2, 2011 Leave a comment
CRA would like to advise taxpayers who have been affected by spring flooding
By admin on March 13, 2011 Leave a comment
As life changes, so do your tax returns