Canada Social Security Rate For Employees  1981-2016 | Data | Chart

The Social Security Rate For Employees in Canada stands at 6.83 percent. Social Security Rate For Employees in Canada averaged 6.48 percent from 1981 until 2016, reaching an all time high of 7.05 percent in 2003 and a record low of 3.60 percent in 1981.

Canada Social Security Rate For Employees
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Canada Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 26.50 26.50 50.90 26.10 percent [+]
Personal Income Tax Rate 33.00 29.00 33.00 29.00 percent [+]
Sales Tax Rate 5.00 5.00 7.00 5.00 percent [+]
Social Security Rate 14.41 14.41 14.95 7.90 percent [+]
Social Security Rate For Companies 7.58 7.58 7.90 4.30 percent [+]
Social Security Rate For Employees 6.83 6.83 7.05 3.60 percent [+]



Canada Social Security Rate For Employees Notes

In Canada, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Canada because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Canada Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Social Security Rate For Employees - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
6.83 6.83 7.05 3.60 1981 - 2016 percent Yearly



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