The estimates are that it would be up to about 15% when you add in the CPP and the excess amount, but because the amounts roll up to where they are now, and with the demographics, it's about 19% combined for the employer and employee.
Vice-President, Canadian Association of Retired Persons
The estimates are that it would be up to about 15% when you add in the CPP and the excess amount, but because the amounts roll up to where they are now, and with the demographics, it's about 19% combined for the employer and employee.
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