Below you’ll find all the 2020 rates for:
- CPP / QPP
- EI / QPIP
- Worker's Compensation Rates
- Pensionable Adjustment Limits
- Federal TD1 Changes
- Provincial TD1 Changes
- Minimum Wage Info
Canada Pension Plan (CPP) & Québec Pension Plan (QPP)
Employment Insurance (EI) & Québec Parental Insurance Plan (QPIP)
EI Premium Reduction Rates
An employer providing a Short-Term Disability (STD) plan may now qualify for a lower EI premium rate than the general rate of 1.4 times the employee’s premium rate. For more information on rate setting please click here.
Reduced EI Premium Rates for 2020
*Only for Employers who have qualifying short term disability plans. Reductions in place for the 2020 tax year.
| 2020 Reduced EI Premium Rates | |||
| Category 1 | Category 2 | Category 3 | Category 4 |
| Multiple | Multiple | Multiple | Multiple |
| 1.259 | 1.169 | 1.171 | 1.149 |
ESDC Reduced EI Premium Rates for 2020 (within Québec)
*Only for Employers who have qualifying short term disability plans for employees in Québec. Reductions in place for the 2020 tax year.
| 2020 Reduced EI Premium Rates (within Québec) | |||
| Category 1 | Category 2 | Category 3 | Category 4 |
| Multiple | Multiple | Multiple | Multiple |
| 1.215 | 1.095 | 1.098 | 1.069 |
Worker's Compensation Rates (WCB, WSIB, & CSST)
Pension Adjustment Limits
Federal TD1 Changes for 2020
| Federal TD1 (form) | 2020 | 2019 |
| Basic personal* | $12,298 or $13,229 | $12,069 |
| Child amount | $2,273 | $2,230 |
| Age amount | $7,637 | $7,494 |
| Pension income amount | $2,000 | $2,000 |
| Disability amount | $8,576 | $8,416 |
| Spouse or common-law partner amount | $12,298 | $12,069 |
| Amount for eligible dependent | $12,298 | $12,069 |
| Caregiver amount or infirm amount for dependent 18+ | $7,276 | $7,140 |
*Federal basic personal amount – For individuals whose net income for the year is less than or equal to the amount at which the 29% tax bracket begins ($150,473 for 2020), the basic personal amount will increase to $13,229 for 2020, $13,808 for 2021, $14,398 for 2022, $15,000 for 2023. The amount will be indexed after 2023. For individuals whose net income is greater than the amount at which the 29% tax bracket begins ($150,473 for 2020), the increase in the basic personal amount will gradually phase out so that the basic personal amount for individuals whose income is greater than the next tax bracket threshold ($214,368 for 2020), remains unchanged ($12,298 for 2020) and will continue to be indexed.
Provincial TD1 Changes for 2020
| Basic Personal Amount | 2020 | 2019 |
| Alberta (form) | $19,369 | $19,369 |
| British Columbia (form) | $10,949 | $10,682 |
| Manitoba (form) | $9,838 | $9,626 |
| New Brunswick (form) | $10,459 | $10,264 |
| Newfoundland and Labrador (form) | $9,498 | $9,414 |
| Northwest Territories (form) | $15,093 | $14,811 |
| Nova Scotia (form) | $11,481* | $11,481* |
| Nunavut (form) | $16,304 | $13,618 |
| Ontario (form) | $10,783 | $10,582 |
| Prince Edward Island (form) | $10,000 | $9,160 |
| Québec (EN) (FR) | $15,532 | $15,269 |
| Saskatchewan (form) | $16,065 | $16,065 |
| Yukon (form) | $12,298 | $12,069 |
*If the employee's taxable income from all sources for the year will be $25,000 or less. See the TD1NS-WS Worksheet for more information.
Nova Scotia basic personal amount – Every person employed in Nova Scotia and every pensioner residing in Nova Scotia can claim the basic personal amount. If your taxable income from all sources for the year will be $25,000 or less enter $11,481, comprising the basic amount of $8,481 and the additional amount of $3,000, and if it is more than $75,000 enter $8,481. If your taxable income will be between $25,000 and $75,000 and you want to calculate a partial claim for the $3,000 additional amount, get Form TD1NS-WS, Worksheet for the 2019 Nova Scotia Personal Tax Credits Return, and fill in the appropriate section
Minimum Wage Info
| Jurisdiction | Hourly Rate | Effective Date |
| Alberta | $15.00 | 6/26/2019 |
| BC | $13.85 | 6/01/2019 |
| BC | $14.60 | 6/01/2020 |
| Manitoba | $11.65 | 10/01/2019 |
| New Brunswick | $11.50 | 4/01/2019 |
| Newfoundland & Labrador | $11.40 | 4/01/2019 |
| Northwest Territories | $13.46 | 4/01/2019 |
| Nova Scotia | $11.55 | 4/01/2019 |
| Nunavut | $13.00 | 4/01/2019 |
| Ontario | $14.00 | 6/03/2019 |
| Prince Edward Island | $12.25 | 4/01/2019 |
| Québec | $12.50 | 5/01/2019 |
| Saskatchewan | $11.32 | 10/01/2019 |
| Yukon | $12.71 | 4/01/2019 |