Ottawa, Ontario, November 3, 2009… The Canada Revenue Agency (CRA) announced today that the maximum
pensionable earnings under the Canada Pension Plan (CPP) for 2010 will be $47,200—up from $46,300 in 2009.
The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average
weekly wages and salaries in Canada.

Contributors who earn more than $47,200 in 2010 are not required or permitted to make additional contributions to
the CPP.

The basic exemption amount for 2010 remains $3,500. Individuals who earn less than that amount do not need to
contribute to the CPP.

The employee and employer contribution rates for 2010 will remain unchanged at 4.95%, and the self-employed
contribution rate will remain unchanged at 9.9%.

The maximum employer and employee contribution to the plan for 2010 will be $2,163.15, and the maximum selfemployed
contribution will be $4,326.30. The maximums in 2009 were $2,118.60 and $4,237.20.