Last checked October 19, 2026. EI for 2027 is confirmed. The CPP rate cut is law but not yet in force. CRA hasn't published the 2027 maximum pensionable earnings (YMPE) yet. We update this page when each piece is published.
| 2026 | 2027 | |
|---|---|---|
| Maximum insurable earnings | $68,900 | $70,800 |
| Employee rate | 1.63% | 1.64% |
| Employer rate (1.4 times) | 2.282% | 2.30% |
| Maximum employee premium | $1,123.07 | $1,161.12 |
| Maximum employer premium, per employee | $1,572.30 | $1,625.57 |
| Quebec employee rate (QPIP province) | 1.30% | 1.29% |
| Quebec maximum employee premium | $895.70 | $913.32 |
| Quebec maximum employer premium | $1,253.98 | $1,278.65 |
The 2027 figures take effect January 1, 2027. Source: Canada Employment Insurance Commission, September 14, 2026. CRA's EI premium rates and maximums page has the official table.
| 2026 | 2027 (if the cut takes effect) | |
|---|---|---|
| Base rate, employee and employer each | 4.95% | 4.75% |
| Total rate with the 1% enhancement, each side | 5.95% | 5.75% |
| Self-employed (both sides) | 11.9% | 11.5% |
| CPP2 rate (between YMPE and YAMPE), each side | 4% | 4% (unchanged) |
| Basic exemption | $3,500 | $3,500 |
| YMPE (first ceiling) | $74,600 | not published yet |
| YAMPE (second ceiling) | $85,000 | not published yet |
Status: section 43 of the Spring Economic Update 2026 Implementation Act (S.C. 2026, c. 22), which received Royal Assent on June 18, 2026, sets the base rate at 4.75% per side for 2027 and later. Under section 44(2), that change comes into force only on a day fixed by federal order under subsection 114(4) of the Canada Pension Plan, which requires consent from at least two-thirds of the included provinces with at least two-thirds of their population. As of October 19, 2026 we haven't found that order, and the Justice Laws Canada Pension Plan page still lists the change as not in force.
What it would save: 0.20 percentage points per side on earnings between $3,500 and the YMPE. At the 2026 YMPE, that's $142.20 less per side for someone at the maximum. For a $60,000 salary it's $113.00 less for the employee and $113.00 less for the employer. The exact 2027 maximum depends on the YMPE CRA publishes.
For payroll: don't deduct at 5.75% until the order is published and CRA's 2027 payroll tables reflect it. Employers remit using CRA's tables, so follow CRA's 2027 T4127 and PDOC, not a news headline. Quebec employers use QPP, which Quebec sets separately, so this Act doesn't change QPP rates.
The first-employee cost and nanny take-home to gross calculators still use 2026 rules, checked against CRA's PDOC to the cent. We'll move them to 2027 once CRA publishes the 2027 payroll deduction formulas and PDOC, and we'll update this page first.