The Social Security Rate For Employees in Canada stands at 7.59 percent. Social Security Rate For Employees in Canada averaged 4.25 percent from 1966 until 2025, reaching an all time high of 7.61 percent in 2024 and a record low of 1.80 percent in 1967. source: Canada Revenue Agency

Social Security Rate For Employees in Canada is expected to reach 7.59 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Social Security Rate For Employees is projected to trend around 7.59 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 26.50 26.50 percent Dec 2025
Personal Income Tax Rate 33.00 33.00 percent Dec 2025
Sales Tax Rate 5.00 5.00 percent Dec 2025
Social Security Rate 15.84 15.88 percent Dec 2025
Social Security Rate For Companies 8.25 8.27 percent Dec 2025
Social Security Rate For Employees 7.59 7.61 percent Dec 2025
Withholding Tax Rate 25.00 25.00 percent Dec 2024



Canada Social Security Rate For Employees
In Canada, the Social Security Rate is a labor income tax applied to both employers and employees. It consists of two key components: the Canada Pension Plan (CPP) and Employment Insurance (EI). As of 2025, the CPP contribution rate for employees is 5.95%, while the EI rate is 1.64%. These contributions are a vital source of government revenue, funding essential social programs such as welfare, health care, and other public benefits.
Actual Previous Highest Lowest Dates Unit Frequency
7.59 7.61 7.61 1.80 1966 - 2025 percent Yearly