Sticker shock when you get your paystub this month
Canadians will see a bit less per paycheque this year because of an Employment Insurance hike and for those who have an income over $68,500, a second earnings limit for the Canada Pension Plan.
The Prairie Director of the Canadian Federation of Independent Business says employers will also be affected. Brianna Solberg explains that payroll taxes for employers will rise by up to $366 a year and for employees, it’s $348.