Employment and Social Development Canada: Backgrounder: Changes to the Canada Pension Plan

Employment and Social Development Canada

Canada News Centre

Backgrounder: Changes to the Canada Pension Plan

by Employment and Social Development Canada on Wednesday 08 January 2025 04:00 PM UTC+00 | Tags: backgrounders
The Canada Pension Plan (CPP) is a social insurance program that is funded by the contributions of employees, employers and self-employed persons, and by the revenue earned on CPP investments. It covers virtually all employed and self-employed persons in Canada, excluding Quebec, which operates its own comprehensive plan, the Québec Pension Plan (QPP).
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