On December 17, 2025, the Canada Revenue Agency (CRA) released the 2026 T4032 Payroll Deductions Tables. This guide helps employers calculate statutory deductions, including:
- Federal and provincial/territorial income tax withheld at source;
- Canada Pension Plan (CPP) contributions and additional CPP (CPP2); and
- Employment Insurance (EI) premiums.
The guide provides detailed tables for various pay frequencies, which are specific to each province or territory.
Employers should:
- Confirm that their payroll system is updated to reflect the new rates; and
- Ensure that the correct amounts are remitted to the CRA as per their remittance schedule.