Previously, everyone earning over the base amount (currently $3,500) contributes a set portion of their income, up to a maximum amount (last year’s was $66,600) that increases slightly every year. Those who are self employed pay both the employee and employer port...
Then in 2019, the government phased in an increase in the employer-employee CPP contributions. From 2019 to 2023, the shared CPP contribution rate went from 9.9% to 11.9% (up to that year’s YMPE). Starting in 2024, the government has raised the amount of income considered for a “full...
“But they may feel differently when we’re closer to being fully implemented and they’re feeling the full impact of the increase in costs.” Jean-Philippe Provost, senior partner at Mercer Canada’s wealth business, notes the employer portion of contributions will be a full percenta...
Different variable naming styles, the use of which may fall into coding standards at your employer, are listed in the following table: | Naming Style | Example | |:---:|:---:| | Lower Case | avariablename | | Sentence Case | AVariableName | | Upper Case | AVARIABLENAME | | Snak...
However, a teacher is also an employee (they are their own employer if working for themselves). Multiple inheritance can be used to create a Teacher class that inherits properties from both Person and Employee. To use multiple inheritance, simply specify each base class (just like in single ...