Although the max CPP payout is substantial, not everyone gets it. The average CPP in October 2023 was a much lower $758.32 per month. This is because not all people have contributed enough over their lifetimes to receive the full CPP payment, or because of scenarios such as survivor or ...
How much CPP you will get will be determined by the amount you contributed during your working years. The maximum in 2022 is CAD$1,306.57, which is much lower than the maximum for Social Security; however, the average monthly amount paid for new pensions at age 65 is CAD$772.71. That's...