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Rick Vervoort
CP24
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Comments by "Rick Vervoort" (@rickvervoort9536) on "Gas prices rise 14 cents overnight" video.
Prime minister Yu No Hoo is spreading misinformation again when he claims taxation for the middle class remains unchanged. The Canadian federal payroll taxes have INCREASED in the 2024 budget. Since 2018, the Employment Insurance (EI) tax has risen by $191 for employees and $267 for employers. As a result, the total federal payroll taxes (including CPP and EI) will be $5,104 for workers earning $73,200 or more in 2024, while employers will be responsible for $5,5241. These changes reflect adjustments to EI taxes and CPP (payroll taxes).
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