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The You First Blog

Canada Pension Plan (CPP) Enhancement Update

January 19, 2023
CPP, January 2023 E-Newsletter, Retirement Income
Frank Manzo

In 2019, the Canada Pension Plan (CPP) annual contributions have been gradually increasing. You may have noticed that your first paycheque of 2023 was a little lighter than usual, as CPP premiums have increased. This is the 5th year of a 7-year CPP enhancement schedule. In exchange for paying enhanced contributions, CPP recipients can expect… Read More

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