The Social Security Rate For Companies in Canada stands at 7.37 percent.

Social Security Rate For Companies in Canada averaged 7.25 percent from 1981 until 2019, reaching an all time high of 7.90 percent in 2003 and a record low of 4.30 percent in 1981. This page provides - Canada Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Social Security Rate For Companies - values, historical data and charts - was last updated on June of 2020. source: Canada Revenue Agency

Social Security Rate For Companies in Canada is expected to reach 7.37 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Social Security Rate For Companies is projected to trend around 7.37 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Canada Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
7.37 7.27 7.90 4.30 1981 - 2019 percent Yearly

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 33.00 33.00 29.00 percent [+]
Sales Tax Rate 5.00 5.00 7.00 5.00 percent [+]
Social Security Rate 14.09 13.81 14.95 7.90 percent [+]
Social Security Rate For Companies 7.37 7.27 7.90 4.30 percent [+]
Social Security Rate For Employees 6.72 6.61 7.05 3.60 percent [+]


Canada Social Security Rate For Companies
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 Companies 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.