The Social Security Rate in Canada stands at 15.81 percent. Social Security Rate in Canada averaged 8.97 percent from 1966 until 2026, reaching an all time high of 15.88 percent in 2024 and a record low of 3.60 percent in 1967. source: Canada Revenue Agency



Related Last Previous Unit Reference
Corporate Tax Rate 26.50 26.50 percent Dec 2026
Personal Income Tax Rate 33.00 33.00 percent Dec 2026
Sales Tax Rate 5.00 5.00 percent Dec 2026
Social Security Rate 15.81 15.84 percent Dec 2026
Social Security Rate For Companies 8.23 8.25 percent Dec 2026
Social Security Rate For Employees 7.58 7.59 percent Dec 2026
Withholding Tax Rate 25.00 25.00 percent Dec 2025


Canada Social Security Rate
In Canada, the Social Security Rate is a labor income tax shared by both employers and employees. It comprises two main components: the Canada Pension Plan (CPP) and Employment Insurance (EI). These contributions serve as a crucial revenue source for the government, helping fund key social programs such as welfare, health care, and other public benefits.
Actual Previous Highest Lowest Dates Unit Frequency
15.81 15.84 15.88 3.60 1966 - 2026 percent Yearly