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Canada Social Security Rate For Employees

Taxes
Canada
Source: Canada Social Security Rate For Employees, released on Dec 31 by Canada Revenue Agency
7.59%
Overview
Current Value
7.59%
Average Value (10 years)
7.07%
Statistical Analysis
Current Status
Abnormal
Historical Average
7.07%
Long-term mean
Historical Data
DateValueChange
12-31-20247.61%+0.03%
12-31-20237.58%+0.30%
12-31-20227.28%+0.25%
12-31-20217.03%+0.20%
12-31-20206.83%+0.11%
Forecast & Analysis

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Next Period Forecast
7.59%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value7.59%
Average Value (10 years)7.07%

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Economic data last updated May 18, 2025