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The Canada Pension Plan and the Quebec Pension Plan work together to ensure that all contributors are protected.
2. Who pays into the Canada Pension Plan?
With very few exceptions, every person in Canada over the age of 18 who earns a salary must pay into the Canada Pension Plan. You and your employer each pay half of the contributions. If you are self-employed, you pay both portions.
You do not make contributions if you are receiving a Canada Pension Plan disability or retirement pension. At age 70, you stop contributing even if you have not stopped working.
3. How much do I pay into the Canada Pension Plan?
The amount you pay is based on your salary...
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