Friday, September 23, 2022

EI, CPP PREMIUMS ON THE RISE

“It plans to raise both EI and CPP premiums, the paycheque tax, right at a time when we are facing 40-year highs in inflation; all-time highs and increased housing prices,” Poilievre said and then called on the government to cancel all of the increases.

As it stands, EI and CPP premiums will both increase on Jan. 1, 2023, taking a small dent out of Canadians’ paycheques.

 In April next year, the Liberals’ carbon tax will rise as well, adding $15 per tonne to a new total of $65 per tonne in the provinces where the federal program applies. Those increases are slated to continue until the tax reaches $130 per tonne in 2030.

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