Feds hike CPP and EI impacting small businesses’ cost of labour

By Anosha Khan ( January 4, 2024, 12:45 PM EST) -- Canadians will be seeing a drop in their take-home income as of Jan. 1, while employers are to face another increase to payroll budgets caused by Employment Insurance (EI) hikes and adding a second earnings limit to Canada Pension Plan (CPP) hiking the CPP, the Canadian Federation of Independent Business (CFIB) said....