CPP and EI on your return

The CPP and EI amounts on your T4 reduce your tax:

• EI premiums and base CPP contributions give you non-refundable credits.
• Enhanced CPP contributions, including CPP2, are deductible from income.

If you had more than one employer, you may have paid more than the annual maximum. Tax software can calculate the overpayment, and it can be refunded.

For 2026, the maximum employee contribution is $4,230.45 for CPP, $416 for CPP2 and $1,123.07 for EI outside Quebec.