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Canada Pension Plan Cola Increase For 2024

Canada Pension Plan Cola Increase For 2024. The cpp enhancement will increase the amount working canadians receive in the cpp. 1, 2024, is 4.8 per cent.


Canada Pension Plan Cola Increase For 2024

The canada revenue agency (cra) has announced an additional $1,660 in canada pension plan (cpp) payments for eligible recipients, starting in 2024. Maximum cpp benefit amounts increase every month as a result of the enhancement.

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